how to do strategic audit ?
TRANSCRIPT
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Copyright ©, All Rights Reserved.
How to do Strategic Audit ?
Reema AbuShaheen
Business Development Manager
Briefly Steps
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Speaker Bio
Business Development Manager
Strategic Planning
Microsoft Technology Specialist
Fundraising
@ReemaAbuShaheen AbuShaheen.Reema
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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.
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Part Two : Strategic Posture
Second Part should include information about current
vision / mission / Values / Policies and any other
related data in the organization.
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Part Three : Corporate Governance
Third Part should have information about current
board directors and high management positions and
roles.
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Opportunities and Threats (SWOT)
Part Four : External Environment Analysis
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Natural Environment Economic Technological
Political-Legal Sociocultural Industry Analysis
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Strengths and Weakness (SWOT)
Part Five : Internal Environment Analysis
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Corporate Structure Corporate Culture Marketing
Finance R &D Operations & Logistics
Human Resources Information System
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Porter’s Forces Framework Analysis
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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
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Strengths Weakness
Opportunities Threats
SWOT Analysis
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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
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Strategic Issues
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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
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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
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This section should include recommendations from the auditors on which
alternatives should follow and explaining the reasons behind each selection
Recommendation
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This section should include information about how you are going to
implement your selected strategy,.
Implementation