Pedro Arantes
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Factors to Consider when Making a Strategic Decision

The desired outcome of the decision, the resources available to achieve the desired outcome, the risks associated with the decision, and more.
#business
Zettelkasten, November 17, 2022.

Notes

Factors to consider when making a strategic decision include:

  • The desired outcome of the decision
  • The resources available to achieve the desired outcome
  • The risks associated with the decision
  • The potential impact of the decision on stakeholders
  • The timeframe for implementing the decision
  • The capabilities and limitations of the organization
  • The external environment

You can use SWOT analysis to help your company make strategic decisions.

Questions

  1. How to make a strategic decision?
  2. The role of data in making a strategic decision?
  3. The importance of stakeholder input in making a strategic decision?
  4. How to assess a proposed decision's risks and potential impact?
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