Select any company (from the internet) and formulate the company strategy, how are you going to execute or implement it, and lastly evaluation of the same strategy.

Formulating the Strategy:

1. Identify the company's mission and objectives: Understand what the company stands for and what it aims to achieve.
2. Conduct a SWOT analysis: Identify the company's strengths, weaknesses, opportunities, and threats.
3. Analyze the competitive environment: Understand the market, competitors, and industry trends.
4. Develop strategic options: Based on the analysis, create different strategies that align with the company's mission and objectives.

Executing/Implementing the Strategy:

1. Develop an action plan: Break down the strategy into actionable steps, assign responsibilities, and set timelines.
2. Communicate the strategy: Ensure all stakeholders understand the strategy and their roles in its implementation.
3. Allocate resources: Ensure necessary resources (human, financial, technological) are available for each action.
4. 
   
5. Evaluating the Strategy:
6. Measure performance: Use key performance indicators (KPIs) to assess the effectiveness of the strategy.
7. Review and adjust: Regularly review the strategy and its implementation, and make necessary adjustments based on performance and changes in the environment.
8. Feedback loop: Use the insights from the evaluation to refine the strategy and its implementation.

Answer rating: 100% (QA)

Company ABC Corporation Formulating the Strategy 1 Mission and Objectives Mission To provide innovative and sustainable solutions in the technology se... View the full answer