Select a specific product within the consumer electronics industry, and go through the six stages of the strategic planning process listed in Table 13.1. .

TABLE 13.1 Stages of the Strategic Technical Planning Process 1. Information-gathering stage . Determine status of the business unit . Ascertain needs of operations Determine status of competition . Conduct technical planning studies . Consider key concerns and issues 2. Consolidation stage Derive scenarios of possible futures Set goals - Draft strategic and operational plans 6. Review stage Submit plans for review Adjust plans as necessary a 0 List needs, opportunities, threats, and impacts List key concerns and issues List strengths and weaknesses 3. Strategy formulation stage Analyze and evaluate lists of needs against lists of key concerns and issues Evaluate maturity of present technologies and possible use of new technologies Match lists with strengths and weaknesses Develop preliminary alternative strategies Develop candidate tactics Evaluate and suggest priority of strategies 4. Selection stage . Select one set of strategies, or . Look again at some new technologies and then decide 5. Implementation stage . Consider project candidates (tactics) in depth Test tactics against best and worst scenarios . Consider funding limitations Suggest priorities of specific projects . Describe the group's R&D areas Planning Is A Multistage The strategic technical planning task required of the by use of the six planning stages. In the first stage, th information. In the second stage, the team consolidat and assimilates) this information into various lists. To succeeding stages of planning, so their comprehensiv overall effort. The next three stages are progressive te findings TABLE 13.1 Stages of the Strategic Technical Planning Process 1. Information-gathering stage . Determine status of the business unit . Ascertain needs of operations Determine status of competition . Conduct technical planning studies . Consider key concerns and issues 2. Consolidation stage Derive scenarios of possible futures Set goals - Draft strategic and operational plans 6. Review stage Submit plans for review Adjust plans as necessary a 0 List needs, opportunities, threats, and impacts List key concerns and issues List strengths and weaknesses 3. Strategy formulation stage Analyze and evaluate lists of needs against lists of key concerns and issues Evaluate maturity of present technologies and possible use of new technologies Match lists with strengths and weaknesses Develop preliminary alternative strategies Develop candidate tactics Evaluate and suggest priority of strategies 4. Selection stage . Select one set of strategies, or . Look again at some new technologies and then decide 5. Implementation stage . Consider project candidates (tactics) in depth Test tactics against best and worst scenarios . Consider funding limitations Suggest priorities of specific projects . Describe the group's R&D areas Planning Is A Multistage The strategic technical planning task required of the by use of the six planning stages. In the first stage, th information. In the second stage, the team consolidat and assimilates) this information into various lists. To succeeding stages of planning, so their comprehensiv overall effort. The next three stages are progressive te findings