Strategic choice is a key skill in strategy formulation.Without this skill,the strategy formulated in not optimal.
A decision making tool for ,"Strategic Choice" consists of a matrix of the parameters of,"Effort" and,"Impact".These parameters can be utilized to choose among the strategic alternatives.
The top priority has to go ,"Low effort & high impact alternatives".
A decision making tool for ,"Strategic Choice" consists of a matrix of the parameters of,"Effort" and,"Impact".These parameters can be utilized to choose among the strategic alternatives.
The top priority has to go ,"Low effort & high impact alternatives".