old - apply "1. Design Vision and Strategy (APQC)"
APQC Business Process Framework establishes a benchmark and universal process which any "new" or existing business can apply to "new strategies" in any industry. The new business would benefit from following the steps outlined in the APQC business process framework, to ensure holistic and consistent benchmarking across each line of business.
The following graphic provides a visual aide for use in design of any new strategy. A closer look into one of the sub-segments in the APQC business process Framework.
The same assumptions can apply to any business, whether public or private. What type of strategy are we designing? A type which will run and operate or do we need to change what we do today, or is our strategy a new offer coming to market? Do we need to educate people to make the offer viable?