Question: Explain how the processes of strategy analysis, formulation, and implementation/ execution contribute in different ways to the strategic management process. Using concepts from previous courses

  1. Explain how the processes of strategy analysis, formulation, and implementation/ execution contribute in different ways to the strategic management process. Using concepts from previous courses or this course, describe at least one potential pitfall that might occur in each process (analysis, formulation and implementation/execution) and how you would overcome that?
  2. Explain why it is so important to have the right diagnosis/analysis before selecting a strategy. Using concepts from previous courses or this course, outline at least three things a manager can do to improve the accuracy of a diagnosis.

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