what are the steps involved in the decision logic of strategy development?
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The five stages of the process are goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring.
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['Define the problem to be solved and decision to be made. ... ', 'Gather the necessary information. ... ', 'List all possible choices. ... ', 'Consider possible outcomes for each choice. ... ', 'Check out how you feel about each of the choices.']
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['Business strategy.', 'Operational strategy.', 'Transformational strategy.']
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['Strategy Analysis. Strategy analysis is usually concerned with understanding the organizations strategic position. ... ', 'Strategic Choice. ... ', 'Strategy Implementation.']
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['Identify and define the problem. You must clearly define the problem before you can solve it. ... ', 'Gather and analyze information. You must have accurate information to solve issues appropriately. ... ', 'Development alternative solutions. ... ', 'Choose the best alternative. ... ', 'Take action. ... ', 'Evaluate the decision.']
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Strategy formulation is the process by which an organization chooses the most. appropriate courses of action to achieve its defined goals. This process is. essential to an organization's success, because it provides a framework for the. actions that will lead to the anticipated results.
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['Brief summary of the situation analysis.', 'Audience segmentation.', 'Program theory to inform strategy development.', 'Communication objectives.', 'Approaches for achieving objectives.', 'Positioning for the desired change.', 'Benefits and messages to encourage desired change.']
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['Step 1: Identify the Problem. ... ', 'Step 2: Establish Decision Criteria. ... ', 'Step 3: Weigh Decision Criteria. ... ', 'Step 4: Generate Alternatives. ... ', 'Step 5: Evaluate Alternatives. ... ', 'Step 6: Select the Best Alternative.']
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['Step 1: Assess Development Organization. ... ', 'Step 2: Plan Process Implementation. ... ', 'Step 3: Execute Process Implementation. ... ', 'Step 4: Evaluate Process Implementation Effort.']
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Solution Preview The three stages associated with decision-making include first identifying the purpose of a decision that will be made, secondly gathering information on the decision, and third judging the alternatives for a decision.
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['Step One of Product Development: Listening to Feedback. ... ', 'Step Two of Product Development: Ideation. ... ', 'Step Three of Product Development: Prototyping. ... ', 'Step Four of Product Development: Manufacturing.']
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The steps in the planning process are: Develop objectives. Develop tasks to meet those objectives. Determine resources needed to implement tasks. Create a timeline.
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The process of strategic management includes goal setting, analysis, strategy formation, strategy implementation, and strategy monitoring. Let's take a look at how each of these steps ties into the overall strategic management process.
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['Select a problem.', 'Review existing research and theory (when relevant).', 'Develop hypotheses or research questions.', 'Determine an appropriate methodology/research design.', 'Collect relevant data.', 'Analyze and interpret the results.']
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Decision making. Decisions are part of the manager's remit. The three main types of decisions are - strategic, tactical and operational.
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What are the five basic steps to the decision-making process? a. Define the problem, analyze the problem, develop alternatives, evaluate the alternatives, and follow up.
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['Plan. The planning stage is for mapping out what you are going to do to try to solve a problem or otherwise change a process. ... ', 'Do. The next step is to test your hypothesis (i.e., your proposed solution). ... ', "Check. Once you have completed your trial, it's time to review and analyze the results. ... ", 'Act.']