strategic assessment

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Definition

Strategic assessment is done to understand the existing business organization. There are two types of this assessment. Together they form a full strategic assessment of the business organization --

  • Current business organization /strategy assessment --
    This assessment focuses on understanding the current business model, the value system, current advantages, competencies, culture, dynamic factors & trends, patterns, current trajectory, incongruities, conflicts, threats, problems, and opportunities. This assessment will usually result in producing an impetus for change. It also builds insights and strategic thinking that will be applied to produce strategy and business design innovation. The holistic comprehensive inquiry is conducted with this objective in mind.
  • Strategic management competency assessment --
    This assessment focuses on the strategic management competency, the competency of the business organization to achieve and sustain advantage.