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How To Write A Business Strategy: Four Steps
- Step 1: Conduct a SWOT analysis. The best way to understand your organization’s current state is to conduct a SWOT (strengths, weaknesses, opportunities, threats) analysis.
- Step 2: Clarify your mission, vision, and values.
- Step 3: Select a strategy management framework.
- Step 4: Develop your five-year plan with SMART measures and objectives.
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