Identifying strategic priorities involves several steps:
Internal Analysis: Assess the company's current strengths, weaknesses, opportunities, and threats (SWOT analysis). External Analysis: Evaluate the competitive landscape, market trends, and economic conditions. Stakeholder Input: Gather insights from key stakeholders, including employees, customers, and investors. Alignment with Vision and Mission: Ensure that the identified priorities align with the organization's mission and vision. Feasibility and Impact: Consider the feasibility of implementing each priority and its potential impact on the business.