The Strategy Process

The strategy process involves developing a plan to achieve long-term goals by analyzing the current situation, setting objectives, and deciding on the best actions to reach them. It includes understanding strengths, weaknesses, opportunities, and threats (SWOT analysis), then choosing priorities and resource allocation. The process is ongoing, requiring regular review and adjustments to stay aligned with changing circumstances. In essence, it’s a structured way for organizations or individuals to navigate towards success by making informed decisions and carefully planning their steps forward.