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When do you rethink strategy

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What is Strategy? When do you rethink strategy? In business that should be done when your SWOT tells you. You must keep up with an internal and external visual of your business. This reading focuses on P&G and the products in the Oil of Olay line. The product was undervalued and not selling. They had to rethink the entire market to determine what they could do to earn a profit. It is interesting that by reviewing their product they could see that the customer was cost conscious and older. Not the ideal demography for the 1990's. This realization led to research and embedding choices at different levels of the organization. Review the reading and see what was included in figure 1.1 an integrated cascade of choices. See how it applied in nested choice cascade and then finally in figure 1.3 the choices made by management.

Reference no: EM133379878

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