Monday, January 18, 2010

Assessing Suitability

Will it get us to where we want to be in the future?

Suitability measures how well a strategic option provides a good fit between your organization and its environment, now and in the future. To assess the suitability of an option, ask yourself questions such as:
  • Will it get us to where we want to be in the future?
  • Does it achieve the right balance between what we are good at and what the market wants?
  • How will it impact on the organization?
Each option that passes the suitability test should then be considered for its acceptability and feasibility.

ACTION POINT: Remember that your strategy is based on assumptions that will inevitably be refined during the implementation process, so don't waste time drilling down to detailed implications of every eventuality.

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