A recommended strategy is a course of action based on a thorough analysis of internal and external factors affecting an organization. It represents a strategic direction or plan of action that is proposed by management or strategic advisors to achieve the organization’s goals and objectives effectively.

Here are the key characteristics of a recommended strategy

1. Alignment with Goals – A recommended strategy is aligned with the organization’s mission, vision, and overarching goals. It aims to support the achievement of strategic objectives and contribute to the long-term success and sustainability of the organization.

2. Informed by Analysis – A recommended strategy is informed by a thorough analysis of the internal and external environment. This includes assessing the organization’s strengths, weaknesses, opportunities, and threats (SWOT analysis), and analyzing market trends, competitor actions, and industry dynamics.

3. Focused on Competitive Advantage – A recommended strategy seeks to leverage the organization’s competitive advantage to create value and differentiate itself from competitors. It identifies unique strengths, capabilities, and resources that can be leveraged to achieve sustainable competitive advantage.

4. Feasibility and Viability – A recommended strategy is feasible and viable, taking into account the organization’s resources, capabilities, and constraints. It considers factors such as financial resources, human capital, technology, and operational capacity to ensure that the strategy can be implemented effectively.

5. Risk Management – A recommended strategy considers potential risks and uncertainties and incorporates risk management measures to mitigate these risks. It assesses the likelihood and impact of various risks and develops contingency plans to address them proactively.

6. Flexibility and Adaptability – A recommended strategy is flexible and adaptable, recognizing that market conditions and organizational priorities may change over time. It allows for adjustments and modifications based on changing circumstances, emerging opportunities, and unforeseen challenges.

7. Clear Action Plan – A recommended strategy includes a clear action plan outlining specific steps, initiatives, and milestones to be achieved. It defines roles, responsibilities, timelines, and resource allocation to guide implementation and ensure accountability.

8. Continuous Evaluation and Improvement – A recommended strategy emphasizes continuous evaluation and improvement to assess progress, identify areas of success, and address areas needing improvement. It involves monitoring key performance indicators (KPIs), gathering feedback, and making adjustments as needed to optimize performance and achieve desired outcomes.

Overall, a recommended strategy provides a roadmap for the organization to navigate challenges, capitalize on opportunities, and achieve its strategic objectives effectively. It serves as a guide for decision-making and resource allocation, helping to ensure that the organization remains competitive, agile, and responsive in a dynamic business environment.