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Lecture in ENTR External Factor Audit
Lecture in ENTR External Factor Audit
FACTOR
AUDIT
THE STRATEGIC MANAGEMENT PROCESS
1 2 3 4
2
THE STRATEGIC MANAGEMENT PROCESS
1st - Environmental Scanning - Assessment of
organization’s 1internal and 2external environments.
B. EXTERNAL
ENVIRONMENT 3. 4.
THAT AFFECTS THE
ORGANIZATION OPPORTUNITIES THREATS
3
THE STRATEGIC MANAGEMENT PROCESS
1st - Environmental Scanning
External Factors
Tools/Techniques
• Macroenvironment
(PESTEL)
4
THE STRATEGIC MANAGEMENT PROCESS
1st - Environmental Scanning
External Factors
Tools/Techniques
• Microenvironment
(Porter’s Model)
5
THE STRATEGIC MANAGEMENT PROCESS
1st - Environmental Scanning
External Factors
Tools/Techniques
• External Factor
Evaluation (EFE)
Matrix
6
THE STRATEGIC MANAGEMENT PROCESS
1st - Environmental Scanning
External Factors
Tools/Techniques
• Competitive
Profile Matrix