Strategic Audit

Conducting a strategical Audit
The purport of an audit is to assess an validations strategy. Diverse information is typically obtained from library research, theater of operations drub, or direct interviews and increasingly the Internet. There are typically eight dimensions in formulating a unified, comprehensive, and integrated set of decisions from a top-management perspective that attains organization purpose.
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Step 1: Situation Assessment
What is our purpose? What is our strategic intent?
How do we rank in our calling and why?
What is our fiscal condition and why?
What is the relationship among the business strategy, organization environment, and overall performance?
What is our sustainable war-ridden advantage? What core competencies do we be possessed of?
What are our strengths? Do we use these fully?
What are our weaknesses? How can we solve or mitigate these?
What are our opportunities? How can we exploit these?
What are the threats to us? What can we do about them?
Step 2: Strategic Managers
What is our collective strategic vision?
Do the executives possess the duty leadership skills and abilities?
be the top managers entrepreneurial and creative?
Are they willing to take risks?
Are they analytical?




Do they possess necessary organization talents?
Do they possess necessary interpersonal skills?
Are they willing to change?
What are their values? What is our amicable responsibilities and business ethics?
Step 3: Environmental Scanning
How do we evaluate the scope of our operations and primary competitors?
What industry forces work for and against us? What strategic group are we in, and what are the mobility barriers?
Whom do we serve and who has a stake in our actions? What are their involve and requirements?
What major products and services do we provide these stakeholders?
How do we provide these products and services?
How can we improve these products and...If you want to get a full essay, order it on our website: Ordercustompaper.com



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