In conducting the analysis avoid the following common mistakes

In conducting the analysis avoid the following common mistakes.: Defining the industry to broad or narrow, making lists instead of engaging in rigorous analysis, paying equal attention to all of the forces rather than digging deeply. It’s the most important confusing fact with cause using static analysis that ignores industry, trends, confusing, cynical, or transient changes with true structural changes and using the framework to declare an industry, attractive or unattractive, rather than using it to strategic choice. Paragraph a company strategies should change continually, its poor ideology should not. Poor ideology defines a company, tireless character. Ideology has two parts. One values are the handful of guiding principles by which accompanying navigate. A number two purpose is an organization’s most fundamental reason for being Paragraph 82. If you articulate more than five or 64 values, chances are that you are confusing for values which do not change with operating practices, business strategies, or cultural norms. Remember, the values must stand the test of time

— from The Flight Plan (Purpose/Wisdom/Risk)

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