NACD Library

List of Key Factors Influencing the Design of Corporate Strategy

List of Key Factors Influencing the Design of Corporate Strategy Cover
Publication Date: March 25, 2016
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In brief: This checklist can help boards evaluate critical internal and external success factors during the strategy development process. A deep understanding of core competencies, core assets, culture as well as well as the characteristics of customers, suppliers and competing firms can significantly enhance the contributions of directors through the strategic planning cycle and help pressure test management assumptions.

This resource can help your board:
  • Examine major success factors and potential failure points affecting the design of strategy
  • Test the assumptions of management underlying (future) strategy
  • Spot hidden opportunities for growth as a result of a shifting set of internal and external business factors
Most relevant audiences: full board, chair, lead director and relevant management executives