#MyStrategyEvolution Here's a more detailed breakdown of what "strategy evolution" might entail:

1. Understanding the Current Strategy:

Goal Setting:

What are you trying to achieve? What are your specific, measurable, achievable, relevant, and time-bound (SMART) goals? According to The Thriving Small Business

Current Situation Analysis:

What are your strengths, weaknesses, opportunities, and threats (SWOT)? What resources do you have available? Mindtools advises

Strategy Formulation:

How are you planning to achieve your goals, given your current situation? What specific actions will you take?

2. Evaluating the Strategy:

Performance Measurement:

How well is your strategy performing? Are you meeting your goals? Harvard Business School suggests

Feedback Collection:

Are you gathering feedback from relevant stakeholders (e.g., clients, team members)? Are there any areas where you are falling short?

Identifying Gaps and Inefficiencies:

Where are the gaps between your planned strategy and your actual performance? Are there any inefficiencies in your current approach