II.B. Business Environment Analysis

1. SWOT analysis
Analyze an organization’s strengths, weaknesses, opportunities, and threats, and develop and prioritize actions to take in response to that analysis. Identify and analyze risk factors that can influence strategic plans

2. Market forces
Define and describe various forces that drive strategic plans, including existing competition, the entry of new competitors, rivalry among competitors, the threat of substitutes, bargaining power of buyers and suppliers, current economic conditions, and how well the organization is positioned for growth and changing customer expectations.

3. Stakeholder analysis
Identify and differentiate various internal and external stakeholders, as well as their perspectives, needs, and objectives to ensure that the organization’s strategic objectives are aligned with those of the stakeholders.

4. Technology
Describe how changes in technology can have long- and short-term influences on strategic planning.

5. Internal capability analysis
Identify and describe the effects that influence an organization’s internal capabilities: human resources, facilities capacity, and operational capabilities. Analyze these factors in relation to strategy formation.

6. Legal and regulatory factors
Define and describe how these factors can influence strategic plans.

Business Environment Analysis Papers and Presentations
Business Environment Analysis Tools

Business Environment Analysis Links

  • Balanced Scorecard Institute

    The Balanced Scorecard Institute, a Strategy Management Group company, provides training, certification and consulting services to commercial, government, and non-profit organizations in applying best practices in balanced scorecard, strategic performance management and measurement, and transformation and change management. Products and services include public and on-site courses, facilitation and consulting services, and information and tools used by executives, managers and analysts to transform their organizations into "performance excellence" organizations.

  • The Balanced Scorecard User Group

    This is a peer to peer support community dedicated to the Balanced Scorecard approach to strategic management. A wide range of features and facilities are available, designed to enable members to mutually assist each other in understanding, and implementing, this method. Access and membership is completely free to all.

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