Turn Raw Analysis Into a Build-vs-Buy Strategy Memo

<task>Write a strategy memo recommending a course of action based on our analysis.</task>

<context>
Client: [e.g., Regional logistics company, $150M revenue, 800 employees]
Topic: [e.g., Whether to acquire a last-mile delivery startup or build the capability internally]
Analysis completed:
- [e.g., Build option: $8M over 24 months, need to hire 40 people, technology build from scratch]
- [e.g., Acquire option: Target company valued at $12M, already has technology platform and 60-person team, operating in 3 of client's 5 markets]
- [e.g., Last-mile is the fastest-growing segment — 28% CAGR in client's markets]
- [e.g., Client's current last-mile partnerships cost $4.2M/year and have declining service quality]
- [e.g., Integration risk: Target's culture is startup-oriented, client is process-driven]
Recommendation direction: [e.g., Acquire — speed to market and existing technology outweigh integration risk and higher upfront cost]
</context>

<instructions>
- Structure as: Bottom Line Up Front (2-3 sentences), Situation, Analysis (subsections for each key factor), Recommendation, Risks & Mitigations, and Next Steps
- Analysis should present both options fairly before building the case for the recommendation
- Include a comparison framework: cost, time-to-market, capability quality, risk
- Risks section should have 3 specific risks with concrete mitigation strategies
- Next steps should be assignable in a steering committee meeting
- Write with confidence — state conclusions directly, do not hedge
</instructions>

<format>
Professional memo format with clear section headers. Use bullet points for data and comparisons, prose for analysis and recommendations. Target 3 pages equivalent.
</format>