FORM 2
THE PATENTS ACT, 1970 (39 of 1970) & THE PATENTS RULES, 2003
COMPLETE SPECIFICATION (See sec t io n 10, ru le 13) 1. Title of the invention: METHOD AND SYSTEM FOR IMPLEMENTING
ORGANIZATIONAL STRATEGY CORRECTION
2. Applicant(s)
NAME NATIONALITY ADDRESS
TATA CONSULTANCY Indian Nirmal Building, 9th Floor,
SERVICES LI MITED Nariman Point, Mumbai,
Maharashtra 400021, India
3. Preamble to the description
COMPLETE SPECIFICATION
The following specification particularly describes the invention and the manner in which it
is to be performed.

FIELD OF THE INVENTION
[001] The present application generally relates to business strategy improvement. Particularly, the application provides a method and system for organizational strategy correction.
BACKGROUND OF THE INVENTION
[002] A business strategy is one of the most important aspects of business planning and management. A strategy defines the goals and objective of an organization at a corporate level and at a business unit level. Further the business strategy provides the means to achieve the goals set for an organization. However any strategy has a shelf life. In a dynamically evolving business environment this shelf life maybe as low as a few months.
[003] A strategy may not be effective for an organization if it is not updated and adapted as per the changes in the business environment. It is therefore of paramount importance that a strategy may be evaluated at regular intervals to ensure its applicability and areas of concerns may be brought to the attention of the organization. Further there is a need to provide a strategy roadmap to the organization in order to adapt the strategy and make the strategy further more effective.
[004] A majority of existing methods and tool focus on defining strategy, however the prior art has not explored validation of a strategy and providing suggestions in order to improve the strategy.
[005] Some of the prior art literature vaguely describes an approach to on strategy evaluation post implementation of the strategy, however none of the prior art literature discloses a evaluation before implementation of the strategy or provide business strategy roadmap to improve the strategy.

SUMMARY OF THE INVENTION
[006] Before the present methods, systems, and hardware enablement are described, it is to be understood that this invention is not limited to the particular systems, and methodologies described, as there can be multiple possible embodiments of the present invention which are not expressly illustrated in the present disclosure. It is also to be understood that the terminology used in the description is for the purpose of describing the particular versions or embodiments only, and is not intended to limit the scope of the present invention which will be limited only by the appended claims.
[007] The present application provides a method and system for organizational strategy correction.
[008] The present application provides a computer implemented method for organizational strategy correction, wherein said method comprises extracting an information relating to a strategy using an extraction module. Mapping the strategy to a predefined template, using a mapping module (212). Evaluating the mapped strategy by using one or more dimensions and at least one parameters corresponding to each of the one or more dimensions, using an evaluation module (214). In an embodiment evaluation comprises: assigning weightages to the one or more dimensions and the at least one parameters for the predefined template and evaluating a score for the strategy such that the score is based on the on the weightages assigned to the one or more dimensions and the at least one parameters and a predefined questionnaire. Further the method comprises computer implemented steps of deriving a set of recommendations for the evaluated strategy wherein the set of recommendations are determined by a predefined rule engine (220) comprising a predefined set of rules, using a recommendation module (216); and implementing the set of recommendations to the strategy for strategy correction, using an implementation module (218).
[009] The present application provides a system (102) for organizational strategy correction; said system (102) comprising a processor; a data bus coupled to said processor; and a computer-usable medium embodying computer code, said computer-usable medium being coupled to said data bus, said computer program code comprising instructions executable by said processor; the

system further comprising an extraction module (210), configured to extract an information relating to a strategy, a mapping module (212), configured to map the strategy to a predefined template, an evaluation module (214), configured to evaluate the mapped strategy by using one or more dimensions and at least one parameters corresponding to each of the one or more dimensions. In an embodiment evaluation comprises, assigning weightages to the one or more dimensions and the at least one parameters for the predefined template and evaluating a score for the strategy such that the score is based on the on the weightages assigned to the one or more dimensions and the at least one parameters and a predefined questionnaire. The system (1020 further comprises a recommendation module (216), configured to, derive a set of recommendations for the evaluated strategy wherein the set of recommendations are determined by a predefined rule engine (220) comprising a predefined set of rules; and an implementation module (218), configured to implementing the set of recommendations to the strategy for strategy correction.
BRIEF DESCRIPTION OF THE DRAWINGS
[0010] The foregoing summary, as well as the following detailed description of preferred embodiments, are better understood when read in conjunction with the appended drawings. For the purpose of illustrating the invention, there is shown in the drawings exemplary constructions of the invention; however, the invention is not limited to the specific methods and system disclosed. In the drawings:
[0011] Fig 1 illustrates a network implementation of a system for organizational strategy correction, in accordance with an embodiment of the present subject matter;
[0012] Fig 2 illustrates the system for organizational strategy correction, in accordance with an embodiment of the present subject matter;
[0013] Fig 3 illustrates the elements of business unit strategy template in accordance with an embodiment of the present subject matter;

[0014] Fig 4 illustrates the elements of functional strategy in accordance with an embodiment of the present subject matter;
[0015] Fig 5 illustrates a framework for working of a organizational strategy correction system in accordance with an embodiment of the present subject matter;
[0016] Fig 6 illustrates a predefined dimensions and corresponding parameters for each dimension in accordance with an embodiment of the present subject matter;
[0017] Fig 7 illustrates a flow diagram showing the method for organizational strategy correction in accordance with an embodiment of the present subject matter;
DETAILED DESCRIPTION OF THE INVENTION
[0018] Some embodiments of this invention, illustrating all its features, will now be discussed in detail.
[0019] The words "comprising," "having," "containing," and "including," and other forms thereof, are intended to be equivalent in meaning and be open ended in that an item or items following any one of these words is not meant to be an exhaustive listing of such item or items, or meant to be limited to only the listed item or items.
[0020] It must also be noted that as used herein and in the appended claims, the singular forms "a," "an," and "the" include plural references unless the context clearly dictates otherwise. Although any systems and methods similar or equivalent to those described herein can be used in the practice or testing of embodiments of the present invention, the preferred, systems and methods are now described.
[0021] The disclosed embodiments are merely exemplary of the invention, which may be embodied in various forms.

[0022] The elements illustrated in the Figures inter-operate as explained in more detail below. Before setting forth the detailed explanation, however, it is noted that all of the discussion below, regardless of the particular implementation being described, is exemplary in nature, rather than limiting. For example, although selected aspects, features, or components of the implementations are depicted as being stored in memories, all or part of the systems and methods consistent with the attrition warning system and method may be stored on, distributed across, or read from other machine-readable media.
[0023] The techniques described above may be implemented in one or more computer programs executing on (or executable by) a programmable computer including any combination of any number of the following: a processor, a storage medium readable and/or writable by the processor (including, for example, volatile and non-volatile memory and/or storage elements), plurality of input units, and plurality of output devices. Program code may be applied to input entered using any of the plurality of input units to perform the functions described and to generate an output displayed upon any of the plurality of output devices.
[0024] Each computer program within the scope of the claims below may be implemented in any programming language, such as assembly language, machine language, a high-level procedural programming language, or an object-oriented programming language. The programming language may, for example, be a compiled or interpreted programming language. Each such computer program may be implemented in a computer program product tangibly embodied in a machine-readable storage device for execution by a computer processor.
[0025] Method steps of the invention may be performed by one or more computer processors executing a program tangibly embodied on a computer-readable medium to perform functions of the invention by operating on input and generating output. Suitable processors include, by way of example, both general and special purpose microprocessors. Generally, the processor receives (reads) instructions and data from a memory (such as a read-only memory and/or a random access memory) and writes (stores) instructions and data to the memory. Storage devices suitable for tangibly embodying computer program instructions and data include, for example, all forms of non-volatile memory, such as semiconductor memory devices, including EPROM, EEPROM,

and flash memory devices; magnetic disks such as internal hard disks and removable disks; magneto-optical disks; and CD-ROMs. Any of the foregoing may be supplemented by, or incorporated in, specially-designed ASICs (application-specific integrated circuits) or FPGAs (Field-Programmable Gate Arrays). A computer can generally also receive (read) programs and data from, and write (store) programs and data to, a non-transitory computer-readable storage medium such as an internal disk (not shown) or a removable disk.
[0026] Any data disclosed herein may be implemented, for example, in one or more data structures tangibly stored on a non-transitory computer-readable medium. Embodiments of the invention may store such data in such data structure(s) and read such data from such data structure(s).
[0027] The present application provides a computer implemented method and system for efficient transition .of Information Technology (IT) operations from one service provider to another. More particularly, the system and method facilitates efficient, analytics based transition of IT operation from one service provider to another.
[0028] Referring now to Fig 1, a network implementation 100 of a system 102 for organizational strategy correction is illustrated, in accordance with an embodiment of the present subject matter. Although the present subject matter is explained considering that the system 102 is implemented on a server, it may be understood that the system 102 may also be implemented in a variety of computing systems, such as a laptop computer, a desktop computer, a notebook, a workstation, a mainframe computer, a server, a network server, and the like. In one implementation, the system 102 may be implemented in a cloud-based environment. It will be understood that the system 102 may be accessed by multiple users through one or more user devices 104-1, 104-2…104-N, collectively referred to as user devices 104 hereinafter, or applications residing on the user devices 104. Examples of the user devices 104 may include, but are not limited to, a portable computer, a personal digital assistant, a handheld device, and a workstation. The user devices 104 are communicatively coupled to the system 102 through a network 106.

[0029] In one implementation, the network 106 may be a wireless network, a wired network or a combination thereof. The network 106 can be implemented as one of the different types of networks, such as intranet, local area network (LAN), wide area network (WAN), the internet, and the like. The network 106 may either be a dedicated network or a shared network. The shared network represents an association of the different types of networks that use a variety of protocols, for example, Hypertext Transfer Protocol (HTTP), Transmission Control Protocol/Internet Protocol (TCP/IP), Wireless Application Protocol (WAP), and the like, to communicate with one another. Further the network 106 may include a variety of network devices, including routers, bridges, servers, computing devices, storage devices, and the like.
[0030] In one embodiment the present invention, referring to Fig 2, describes a detailed working of the various components of the system 102.
[0031] In one embodiment of the invention, referring to Fig 2 a system for organizational strategy correction is disclosed. An extraction module (210) extracts all information relating to a strategy. In an embodiment the strategy may be a business unit strategy which refers to the strategy of a business unit of the organization. In another embodiment the strategy may be a functional strategy wherein the functional strategy is connected to at least one functional units such as Risk, Human Resources, Finance, Legal etc. which are commonly used by a plurality of business units.
[0032] Referring to Fig 2 the system 102 further comprises a Mapping module (212) configured to map the business unit strategy and functional strategy to a predefined business unit strategy template and a predefined functional strategy template respectively. In an embodiment the mapping module (212) maps the categorized business unit strategy and functional strategy to the predefined business unit strategy template and functional unit strategy templates based on predefined elements for standardizing the business unit strategy and functional unit strategy.
[0033] Referring to Fig 2 the system (102) also comprises an evaluation module (214) which evaluates a business unit strategy or a functional strategy based on a one or more dimensions and at least one parameters corresponding to the one or more dimensions. In an embodiment the

evaluation module (214) is configured to assign weightages to the one or more dimensions and the at least one parameters and score the mapped business unit strategy and the mapped functional strategy based on a predefined questionnaire and the weightages assigned to the one or more dimensions and the one or more parameters. In yet another embodiment the evaluation module (214) is configured to populate a heat map based on the score of the mapped business unit strategy and the mapped functional strategy.
[0034] The system 102 further comprises a Recommendation module (216) configured to derive a set of recommendations for the evaluated business unit strategy and evaluated functional strategy. In an embodiment the set of recommendation may be derived by using a rule engine (220) comprising a predetermined set of rules. In an embodiment the recommendations may be at multiple levels viz. Primary, Secondary, Tertiary and Supporting actions wherein the primary secondary and tertiary actions define the steps for correction of the business unit strategy and the functional strategy.
[0035] The system (102) further comprises an Implementation module (216) configured to implement the recommendations generated by the recommendation module (214) for proving organizational strategy correction.
[0036] The present application provides a computer implemented method and system for organizational strategy correction, wherein the business strategy correction is implemented on a categorized business unit strategy and a categorized functional strategy. In an embodiment referring to Fig (3), the predefined business unit strategy template comprises based on various elements of the business unit, wherein the elements include a) Market Interface: The layer of a business unit that is directly exposed to the market and competition such as choice of markets, products, services, customers and channels, b) Core business operations: The layer of a business unit that comprises on the core capabilities, business processes, operations, suppler engagement and enterprise assets c) Supporting functions: An extension of business operations which consists of a variety of auxiliary functions that support the core business operations such as Governance, Performance, Finance, Risk etc. d) Enterprise enablement: The layer of the business unit that

interfaces the larger enterprise and serves as a bridge between the business unit and a variety of common functions (as part of functional strategies).
[0037] In an embodiment as illustrated in Fig (3) elements are further expanded such that market interface includes target markets wherein target markets include geographical spread, market segments, market positioning, competitive landscapes and alliance. Market interface may further be defined using customers wherein customers include target customers, customer knowledge, customers segments, customer segment valuation and pricing models. Market interface may further be defined using products and services, wherein product and service include global products, local products, global services, local services and miscellaneous.
[0038] In another embodiment, illustrated in Fig (3) the elements are further expanded such that core business operations further include business capabilities, wherein business capabilities include key business capabilities, key informational capabilities and key technical capabilities. Core business operations may further be defined using core business process wherein core business process include process documentation, state of business process management, state of key performance indicators, state of rework and improvements. Core business operations may further be defined using business operations wherein business operations include in-bound operations, out bound operations and key logistics. Core business operations may further be defined using sourcing and procurements wherein sourcing and procurement include supply chain and sourcing, vendor leverage, vendor relations, procurements and pricing models. Core business operations may further be defined using Enterprise asset management wherein enterprise asset management include asset planning, asset maintenance, asset performance management and Configurations management database (CMDB).
[0039] In yet another embodiment as illustrated in Fig (3) elements are further expanded such that supporting functions further include using governance, wherein governance include governance model, key linkage, principles, organizational structures, governance processes and Responsible, Accountable, Consulted and Informed tools (RACI). Supporting functions may further be defined using resource management wherein resource management includes resource planning, forecasting, workforce pipeline management, competencies and training. Supporting

functions may further be defined using financial management wherein financial management includes investment planning, business process, cost management, financial reporting and audit and compliance. Supporting functions may further be defined using performance management wherein performance management includes Business Unit Performance, Objectives Supplier Performance Preference, Process and reporting. Supporting functions may further be defined using risk legal and regulatory aspects, wherein risk, legal and regulatory aspects include risk management, legal compliance, audit and advisory.
[0040] In another embodiment referring to Fig (3) elements are further expanded such that Enterprise enablement further includes IT operations wherein IT operations include Business unit information requirement, Business unit alignment, business unit critical services, Business Unit IT infrastructure, business Unit operating model. Enterprise enablement may further be defined using digitalization requirements of the Business units wherein digitalization includes digital channel requirement, data analytics requirement, digital experience, operational efficiency and tools. Enterprise enablement may further be defined using Innovation requirements wherein innovation requirements include R&D Goals, R&D Processes, R&D Organization and Governance, R&D Portfolio and R&D Workforce. Enterprise enablement may further be defined using analytics, wherein analytics include, Analytics Vision, Analytics Platform, Organization & Governance, Analytics Services and Workforce. Enterprise enablement may further be described using human capital, wherein human capital includes HC Vision, Enterprise Competences, Talent Sourcing, Human Capital Processes and Human Capital Solutions. Further Enterprise enablement may further be defined using miscellaneous aspects wherein miscellaneous aspects include Shared Services, Back Office Operations Legal and Regulatory aspect and Research.
[0041] In another embodiment referring to Fig (4) the predefined functional strategy template comprises various elements wherein the various elements include a) Enterprise function: Functions such as HR, Risk, Finance, Legal, Sales & Marketing etc. which are generic enterprise functions leveraged by multiple business units within the enterprise b) Technical functions: IT and other common functions that are directly linked to IT such as Digital Enablement, Enterprise wide customer experience management etc. c) Shared functions: Certain non-core functions from

multiple business units that are shared across business units and provisioned as a separate internal entity with shared accountabilities.
[0042] In an embodiment referring to Fig (4) the elements are further expanded such that enterprise function further include a) HR Strategy: Human capital management strategy b) Innovation strategy: R&D processes, portfolio, services and workforce c) Risk strategy: Risk identification, mitigation and monitoring d) Finance strategy: Manage Enterprise Capital, targets e) Marketing strategy: choice of markets, customers, target products/services mix and channels f) Facilities management strategies: Guidelines to manage enterprise facilities g) EAM strategy: Commissioning, management, maintenance of enterprise assets h) Legal strategy: Proactively identify, manage and report legal mandates i) Communication strategy: Internal and External Communication j) Project management strategy: project management lifecycle, framework, reporting & risk imperatives.
[0043] In another embodiment referring to Fig (4) the elements are further expanded such that technical functions further include a) IT strategy: BU IT Alignment Operating Model, application, infrastructure b) Digital strategy: Digital Channels, digital initiatives c) CEM strategy: Uniform high quality experience at all touch points.
[0044] Referring further to Fig (4) elements are further expanded such that shared functions further include a) shared service strategy: Common administration of non-core functional services b) Location strategy: A strategy to choose, operationalize and sustain a business location c) supply chain strategy: movement material from point of origin to point of consumption d) sourcing strategy: What, how, when, where, how, ops of external products & services
[0045] Referring to Fig (5), a framework for organizational strategy correction is provided in accordance with an embodiment of the disclosed subject matter. The system (102) disclosed herein categorizes the input strategy into Business Unit strategy, Corporate strategy and functional strategy. The business unit strategy and the functional strategy is mapped into predefined business unit strategy template and functional strategy template. In an embodiment key inputs may include inputs from stakeholders, know key areas etc.

[0046] Further, the mapped strategy is then evaluated by using a predefined questionnaire, the predefined questionnaire may be defined based on business areas and priorities of an organization.
[0047] Referring to Fig (5) the key outputs include specific recommendations and corrective actions and implementing these recommendations and corrective actions to create a strategy creation roadmap. Further a heat map based view of strategy may be generated as another output.
[0048] Fig. (6) provides a detailed view of the dimensions and corresponding parameters that are used for evaluating the mapped business unit strategy and mapped function strategy. The dimensions include a direction, a result, an integration, a viability, an execution a risk and a risk dimension. In an embodiment the direction dimension assess alignment of the strategy with corporate strategy and external business environment, the result dimension verify result orientation, performance measures and past performance of the strategy, the integration dimension assess strategy integration with rest of the enterprise, functional units and external interfaces, the viability dimension, assess viability of strategy in terms of technical, financial and implementation aspects, execution dimension assesses adequacy of current capabilities required in order to execute the strategy and risk dimension capture any major shifts or changes in the risks associated with the strategy. The parameters corresponding to the dimension with definitions thereof are provided in the following paragraphs.
[0049] Further referring to Fig (6), each of the dimensions have corresponding parameters. In an embodiment the parameters corresponding direction include a) Alignment to Corporate Strategy: How well the strategy being validated links to the vision & direction set by the corporate strategy b) Alignment to Market Trends: How does the strategy compare with the key competitors and the larger market trends c) Key Stakeholder Alignment: Level of alignment between the BU/Functional leadership and the corporate leadership d) External Business Environment: condition of business environment such as government support, legal,, infrastructure etc. e) Internal Business: Overall internal readiness of the BU/Function in terms of culture or any major roadblock Environment.

[0050] In an embodiment parameters corresponding to results include a) Past performance on KPIs: To assess how has the strategy performance on enterprise KPIs in the past b) Realization of Benefits: To assess the larger synergies and benefits achieved by the strategy c) Adequacy of KPIs: Is the coverage of KPIs adequate to measure the outcomes of the strategy d) Performance Management: Is the performance management system adequate to track KPIs and act on them
[0051] In another embodiment the parameters corresponding to integration include a) Integration with Suppliers b) Integration with Regulatory: How well the strategy integrate with external service provider’s ecosystem c) Cross-BU Integration: How well the strategy integrates with the legal/regulatory bodies (as applicable) d) Intra-BU Integration: Is the strategy well understood and actionable within the BU e) Functional Integration: How well does the strategy integrate with the larger enterprise and enterprise functions.
[0052] In yet another embodiment the parameters corresponding to viability include a) Financial viability: To assess the validity of the business case, cost drivers and assumptions b) Implementation viability: To assess the sequencing of major activities, milestones and overall roadmap c) Technical viability: Validating the key technological changes in the market and their impact of the strategy d) Internal dependencies: To assess any competing priorities of the BU/Function which may cause impediment e) External dependencies: Any legal/government/ supplier readiness related impediments.
[0053] In another embodiment the parameters corresponding to execution include a) Capability gaps: To assess the readiness of the operating model, operating structure, governance organization design, locations, systems etc. to support the strategy b) Operating Model Readiness: To assess the readiness of Finance, People, Process and Technology aspects of BU in order to the support the strategy c) Resource Readiness: To assess the need of any new business capability to support the strategy, ability to build/procure the capability d) Change Readiness: Overall readiness of the BU/Function to manage change in terms of change strategy, communication, past experience etc.

[0054] In yet another embodiment the parameters corresponding to risk include a) Strategic Risks: Any shifts in strategic risks - risks that can impact larger enterprise b) Business Risk: Any shifts in business risks - risks that can impact the Business unit/Function as a whole c) Operational Risk: Any shifts in Operational risks - risks that originate from BU/Function day to day operations d) Functional risk: Any shifts in Financial risks - risks impact the capital structure, usage and financial benefits e) Program Risks: Any shifts in supplier risk, risks originating from supplier which can effect Business unit/ function or enterprise.
[0055] In an embodiment, referring to figure (7), a flow diagram illustrating a method for correcting a strategy is provided. The process starts at step 702 where an input strategy is provided. In one embodiment the input strategy may be a business unit strategy as shown by the element 704 or functional strategy as shown by element 718.
[0056] At the step 706 all the related information for the business unit strategy is extracted using an extraction module (210). At the step 708 the business unit strategy is mapped to a predefined business unit strategy template using a mapping module (212).
[0057] At the step 710 weightages are assigned to the dimensions and parameters for the mapped business unit strategy vis-à-vis the business unit strategy template and business requirements, further a score is calculated for the strategy, based on the weightages assigned to the dimensions and parameters, by using an evaluation module (214).
[0058] At the step 712 a heat map may be populated for the mapped business unit strategy based on the score calculated for the business unit strategy, using the evaluation module (214). Further at the step 714 a set of recommendations are generated for the business unit strategy based on a predefined set of rules, using a recommendation module (216).
[0059] At the step 716 the recommendations are implemented for correction of business unit strategy using an implementation module (218).

[0060] In another embodiment, referring to figure (7), a flow diagram illustrating a method for correction of strategy provided. The process starts at step 702 where an input strategy is provided. In one embodiment the input strategy may be a business unit strategy as shown by the element 704 or functional strategy as shown by element 718.
[0061] At the step 720 all the related information for the functional strategy is extracted using an extraction module (210). At the step 722 the functional strategy is mapped to a predefined functional strategy template using a mapping module (212).
[0062] At the step 724 weightages are assigned to the dimensions and parameters for the mapped functional strategy vis-à-vis the functional strategy template and business requirements, further a score is calculated for the strategy, based on the weightages assigned to the dimensions and parameters, by using an evaluation module (214).
[0063] At the step 726 a heat map may be populated for the mapped functional strategy based on the score calculated for the business unit strategy, using the evaluation module (214). Further at the step 728 a set of recommendations are generated for the functional strategy based on a predefined set of rules, using a recommendation module (216).
[0064] At the step 730 the recommendations are implemented for correction of functional strategy using an implementation module (218).
[0065] It should be appreciated by a person skilled in the art that the implementation of the steps 706 to 716 for the business unit strategy and 718 to 730 for the functional strategy may be implemented together or may be implemented independent of each other.

I/We Claim:
1. A computer implemented method for strategy correction, comprising:
extracting an information relating to a strategy, using an extraction module (210);
mapping the strategy to a predefined template, using a mapping module (212);
evaluating the mapped strategy by using one or more dimensions and at least one parameters corresponding to each of the one or more dimensions, using an evaluation module (214), wherein evaluation comprises:
assigning weightages to the one or more dimensions and the at least one
parameters for the predefined template;
evaluating a score for the strategy such that the score is based on the on
the weightages assigned to the one or more dimensions and the at least one
parameters and a predefined questionnaire;
deriving a set of recommendations for the evaluated strategy wherein the set of recommendations are determined by a predefined rule engine (220) comprising a predefined set of rules, using a recommendation module (216); and
implementing the set of recommendations to the strategy for strategy correction, using an implementation module (218).
2. The method according to claim 1 wherein the strategy is a business unit strategy and the predefined template is a predefined business unit template.
3. The method according to claim 1 wherein the strategy is a functional strategy and the predefined template is a predefined functional template.
4. The method according to claim 2 wherein the predefined business unit strategy templates comprises one or more elements for standardizing the business unit strategy.
5. The method according to claim 3 wherein the predefined functional template comprises one or more predefined elements for standardizing the functional strategy.

6. The method according to claim 1 wherein the evaluated score is further used to populate a heat map, wherein the heat map represents the evaluated strategy.
7. The method according claim 1 wherein the more or dimensions include a direction, a result, an integration, a viability, an execution and a risk aspects of the strategy.
8. A system (102) for strategy correction comprising a processor (202) and memory (206) coupled to said processor, the system comprising:
an extraction module (210), configured to extract an information relating to a strategy;
a mapping module (212), configured to map the strategy to a predefined template;
an evaluation module (214), configured to evaluate the mapped strategy by using one or more dimensions and at least one parameters corresponding to each of the one or more dimensions, wherein evaluation comprises:
assigning weightages to the one or more dimensions and the at least one
parameters for the predefined template;
evaluating a score for the strategy such that the score is based on the on
the weightages assigned to the one or more dimensions and the at least one
parameters and a predefined questionnaire;
a recommendation module (216), configured to, derive a set of recommendations for the evaluated strategy wherein the set of recommendations are determined by a predefined rule engine (220) comprising a predefined set of rules; and
an implementation module (218), configured to implementing the set of recommendations to the strategy for strategy correction.
9. The system according to claim 8 wherein the strategy is a business unit strategy and the predefined template is a predefined business unit template.
10. The system according to claim 8 the strategy is a functional strategy and the predefined template is a predefined functional template.

11. The system according to claim 9 wherein the predefined business unit strategy templates comprises one or more elements for standardizing the business unit strategy.
12. The system according to claim 10 wherein the predefined functional template comprises one or more predefined elements for standardizing the functional strategy.
13. The system according to claim 8 wherein the evaluation module (214) is further configured to populate a heat map using the evaluated score, wherein the heat map represents the evaluated strategy.
14. The system according to claim 8 wherein the more or dimensions include a direction, a result, an integration, a viability, an execution and a risk aspects of the strategy.