Defining Objectives & Scope Clarify goals and focus areas
Collecting Data - Gather internal (financial, operations, HR) and external (market trends, competitors) information
Analyzing Internal Environment-Assess resources, workflows, and inefficiencies.
Analyzing External Environment-Study market trends and competition.
Using Diagnostic Tools-Apply SWOT. PESTLE, and Fishbone analysis to identify key factors
Synthesizing Findings-Identify and prioritize critical Issues
Developing Action Plans-Create
strategies with clear steps and accountability
Monitoring & Reviewing-Track performance using KPIs and adjust strategies as needed