Strategic Analysis

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Description of Strategic Analysis. Explanation.

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Definition Strategic Analysis. Description.

Strategic Analysis is the process of developing an informed understanding of the external environment in which an organization is operating, together with an understanding of the organization's capabilities and interaction with its environment, in order to to establish the Strategic Vision and the Strategy of the organization.

Typical frameworks that are used include: PEST Analysis, SWOT Analysis, the Five Forces and Value Chain frameworks from Porter and the Core Competence model from Hamel and Prahalad.

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End of description Strategic Analysis. An explanation.

                     
                      ●  (Netherlands)
                      
                    External Factors
                    "To see an overview of all external factors contributing to a company's success or failure, take a look at a method called PEST Analysis."