strategic review JUST WRITTEN FOR YOU
/strəˈtɛɡɪk ˈriːvyu/ · strat.e.gic.re.view
noun
- A thorough examination and analysis of a company's or organization's goals, objectives, and strategies to identify areas for improvement and optimize performance. The company conducted a strategic review to assess its market position and adjust its business plan accordingly.
- A formal evaluation of a project or program to assess its progress, identify challenges, and determine whether it is meeting its intended goals. The project manager conducted a strategic review to identify areas where the team could improve its workflow and increase productivity.
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Did you know? The concept of strategic review is closely related to the idea of 'SWOT analysis', which was first introduced by Albert Humphrey in the 1960s and has since become a widely used tool in business and management.