Consider
each of the following stakeholders and give each a mark of level of importance
in your strategic thinking, with 1 for low to 10 for high influence.
Shareholders
Bondholders
Merchant
banks
Pension
funds
Staff
Pensioners
Unions
Central
government
Auditors
Senior executives
Bankers
Institutions
Local government
Regional bodies
What competing
products and/or services would you like in your own business’ portfolio?
Are there any
competitors you might like to take over that are available or buyable?
Name them.
Are there any
suppliers, making superior profit margins to your own business, which
you could effectively take over and successfully manage? Name them.
Are there any
customers, making profit margins superior to those of your own business,
that you could effectively take over and successfully manage? Name them.
Should the firm
grow, remain stable, or diminish in size?
Which
parts of the business should:
Focus?
Differentiate?
Be
an industry cost leader?
What will be the organization’s
three key achievements at the end of the next five years?
What will be the
level of revenue in five years' time?
What will be the
level of profit in five years' time?
What
will be the main three industry areas of interest in five years' time?
1
2
3
Will
your corporation have a local, national regional or international reputation
in five years' time?
Yes/No
For what?
How much of your
budget needs to be devoted without exception to people development to
achieve the strategic aim?
