A panel of experts discusses and makes recommendations for the strategy forming process overall. The formulation process is notably important since it determines which issues will be raised and how they are elevated, who participates in the decision making, and how results will be communicated.
Strategies are shaped by the processes that produce them. If designed well, a strategy formulation process enables decision makers to evaluate the political, security, and budgetary environments, identify choices for an organisation, weigh risks, opportunities, and trade-offs, and determine the best way forward. A strategy formulation process determines which issues will be raised for decision, how issues are elevated to senior levels, what options are presented, who participates in the decision making, and how the results are communicated both internally and externally.