How to do Strategic Audit ?
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Transcript of How to do Strategic Audit ?
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How to do Strategic Audit ?
Reema AbuShaheen
Business Development Manager
Briefly Steps
Speaker Bio
Business Development Manager
Strategic Planning
Microsoft Technology Specialist
Fundraising
@ReemaAbuShaheen AbuShaheen.Reema
Part One : Past Corporate Performance Indexes
This part should include information about past
performance situation for the company/organization
for example : Revenues, Losses , number of
customers , etc.
Part Two : Strategic Posture
Second Part should include information about current
vision / mission / Values / Policies and any other
related data in the organization.
Part Three : Corporate Governance
Third Part should have information about current
board directors and high management positions and
roles.
Opportunities and Threats (SWOT)
Part Four : External Environment Analysis
Natural Environment Economic Technological
Political-Legal Sociocultural Industry Analysis
Strengths and Weakness (SWOT)
Part Five : Internal Environment Analysis
Corporate Structure Corporate Culture Marketing
Finance R &D Operations & Logistics
Human Resources Information System
Porter’s Forces Framework Analysis
Rivals
Substitutes
Buyer
Entrance
Supplier
Current Rivals Opportunities
and Threats
Current Substitutes
Opportunities and Threats
Current Suppliers
Opportunities and Threats
Current Buyers Opportunities
and Threats
Current Entrance Opportunities
and threats
Strengths Weakness
Opportunities Threats
SWOT Analysis
MissionExample : Current mission appropriate ; but it's threatening by political situation ; such as etc
Objectives
• Some of the objectives such as increasing profits are not achieved.
Review for current Performance Situation
Strategic Issues
What is the issue that is affecting organizations performance ? What
Why this should be considered as a strategic issue ? Importance of
the issue Why
Strategic Issue # 1 , n
Strategic Alternative #1
What is the alternative you suggest to solve the strategic issue ?What
How you will implement your alternative ?How
Who will be responsible for implementing the alternative ?
Example : Sales Department Who
When / Time you should Start implementing the strategy When
Where The place
This section should include recommendations from the auditors on which
alternatives should follow and explaining the reasons behind each selection
Recommendation
This section should include information about how you are going to
implement your selected strategy,.
Implementation