On this second episode of a four-part mini-series, Leo focuses on strategy formulation. Previous episode is number nine, Strategic orientations. Following episodes will be on strategy implementation and evaluation.

The process of formulating a strategy allows managers to step back from day-to-day activities and look at the bigger picture. Easier said than done!

Self-learning is of paramount importance in the business world, listen to your international peers and step up your game.

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