{"id":23690,"date":"2013-05-14T12:02:05","date_gmt":"2013-05-14T06:32:05","guid":{"rendered":"http:\/\/vskills.in\/certification\/tutorial\/?p=23690"},"modified":"2024-04-12T14:19:27","modified_gmt":"2024-04-12T08:49:27","slug":"strategy-development-process","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/strategy-development-process\/","title":{"rendered":"Strategy development process"},"content":{"rendered":"

Certify and Increase Opportunity.<\/span>
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\nGovt. Certified E-Commerce Professional
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Strategy development process<\/p>\n

Strategy as defined by Merriam Webster dictionary is a careful plan or method for achieving a particular goal usually over a long period of time.<\/p>\n

Strategy is the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfill stakeholder expectations<\/p>\n

The strategy development process follows an lifecycle of recognizing the problem to tackle, allocate resources, implement processes, capture and share data on progress, reflect on lessons learned and course-correct, as necessary. Essential to this process is inputs from stakeholders in the planning stage and an ongoing feedback and throughout the strategy lifecycle. It usually includes the following steps<\/p>\n