Wednesday 2 October 2013

Strategy assessment - initial perspective

Strategy is about a consistent set of policies that has a good fit with the external environment. It could take several years to perfect a strategy. Unfortunately, every time a company changes its strategy it risks getting a misfitting new strategy. Despite the difficulties it is sometimes necessary to change a strategy. This note will look at successful and unsuccessful changes to a company's strategy, and how the stock market tends to evaluate these changes.