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