The Standard Strategy Process
Here is a brief description of the typical process of
strategy making for a large organization with multiple
business units:
• Internal strategy department or consulting firm
starts the process.
• Senior executive team interviewed.
• Research conducted.
• Senior executive team meets off-site for intense
strategy discussions.
• New five-year strategy devised.
• Strategy documented and shared with core senior
team.
• Strategy summary disseminated to the next level of
management.
• Business unit strategies repeat the process, creating
strategies that fit the overall requirements