Peter and his team are now prepared to proceed with finalizing their business plan to launch their company. Considering how competitive the business sector is today, it is important that they are aware of their alternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage, so as to remain financially viable. The group is considering utilizing the strategy formulation framework to aid in developing the company and its products. Further to discussion with the Strategic Consultant, Peter is aware that there are certain habits that strategic leaders must encompass but is not sure what they are. 1. Develop a strategic vision and mission for the business. 2 Compose three (3) financial andthree (3) strategic objectives for the business. 3. Discuss three (3) habits of a strategicleader which are important to business strategy
Peter and his team are now prepared to proceed with finalizing their
business plan to launch their company. Considering how competitive the business sector is
today, it is important that they are aware of their alternative organizational strategies. It is
also important that they understand how to develop a sustainable competitive advantage, so
as to remain financially viable. The group is considering utilizing the strategy formulation
framework to aid in developing the company and its products. Further to discussion with the
Strategic Consultant, Peter is aware that there are certain habits that strategic leaders must
encompass but is not sure what they are.
1. Develop a strategic vision and mission for the business.
2 Compose three (3) financial andthree (3) strategic objectives for the business.
3. Discuss three (3) habits of a strategicleader which are important to business strategy
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