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Strategy Development
Effective strategy development requires the mandate to challenge, the
space to think and the commitment of stakeholders. For these, and many
other reasons, strategy work is best undertaken within the context of a
clearly defined project that can act as a focal point for generating
momentum behind a change in conventional thinking.
Phases
Tasks
Outputs
Although the process of developing strategy is
complex and often iterative in nature, strategy projects tend to
naturally move through a number of phases. The framework below
describes these phases together with typical tasks and example
outputs. The management issues and questions that often arise at
each phase are also highlighted.
The framework provides a helpful reference point but should not
be interpreted as a template. In practice the phases are unlikely to
be entirely discrete and sequential, tasks may actually span across
phases, and phases may need to be revisited as the true complexity
of the project unfolds.
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