Thursday, April 8, 2010

Suitability

Suitability
Suitability is concerned with environment fit of the strategic option.An organization is environment specific.The strategic option should address the circumstances in which the organization is operating.It should fit with the future trends and changes in the environment.
Suitability provides the rational to a strategy.It indicates whether the strategic action makes sense in relation to environment circumstances of the organization.The strategic option should be suitable from the following options of view.
  • Exploiting opportunities and avoiding threats.
  • Capitalizing on straights and avoiding weakness.
  • Addressing stakeholder expectations.
Suitability of a specific strategic option is relative to other available options.The methods used to understanding suitability are.
  • Ranking
  • Decision trees
  • Scenarios

1 comment:

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Suitability


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