1. Identification of all dynamics within and outside the business. The dynamics are the key factors.
2. Identification of effects of these factors on policy performance
3. Identification of trends in relation two those factors past current and future.
4. Identification of relationships amongst factors. Direct or indirect relationship.
5. Identification of any opportunities and threats arising from relationships.
6. Assessment of all available options that can be successful for business to understand in a given environment.
7. Projecting current dynamics and the anticipated future.
8. Establishing data banks where all data can be kept for effective and efficient policy decisions.
Titany answered the question on November 29, 2021 at 12:55