Strategy’s Three Key Challenges

I. Framework:  Internal and external.

Exactly where are we right now?

Essential questions for Strategic Framework:

What are the environmental opportunities and threats?

What are the organisation’s strengths and weaknesses?

What is the fundamental objective of the organisation?

 How does culture form strategy?

II. Content:  Strategic choices.

Precisely what is our approach to make things happen?

 Essential questions for Strategic Choice:

How ought to business units contend?

Which businesses to include in the portfolio?

Where ought to the company remain competitive globally?

Is the organisation innovating properly?

III. Course of action:  Development and implementation.

How do we want to make it realized?

Essential questions for Strategy Development & Implementation

  Which strategies are applicable, appropriate and attainable?

 What sort of strategy-making process is required?

 What are the needed organisation structures and techniques?

 How should the company cope with adequate changes?

 Who ought to do what inside the strategy process?

Levels of Strategy ??

Strategy’s Three Key Challenges ?

Beyond Formulation: Results-oriented Strategy Leadership?

Strategic Planning: Overview, Significance & Outcomes 

The Strategic Planning Process: A Fundamental View

Vision, Mission, Value & Objective Statements: What & What Not?

PESTLE Analysis of the Macro-environment: Definition & Purpose

PESTLE Analysis: 6 Core Variables

SWOT Analysis: Definition & Primary Advantages

SWOT Analysis Framework: Internal & External Scan

Competitive Advantage: Cost Advantage & Differentiation

A Model of Competitive Advantage

Five Forces Model: Summary, Significance & Framework

Using The Five Forces Model In Industry Analysis

Generic Strategies: Concept, Framework, Performance & Risk

The Value Chain: Features, Phases, Merits  & Limitations

Value Chain Analysis: Primary & Support Activities

The “Product/Market Matrix”: 4 Unique Growth Strategies

The BCG Matrix: “ Business Growth- Market Share”