Strategy Direction Archives - Page 2 of 3

Competitors & Customers Complexity/Turbulence Framework Risk Stakeholders Strategy Direction Strategy Priority Strategy Subjects Strategy Tools Success

New 7’s of Competition

Elements of New 7’s of Competition: Stakeholder satisfaction – Customers as most important stakeholder Strategic soothsaying – Continious improvement based on customer needs Speed – Organisational agility and flexibility Surprise…

Models Strategy Choice Strategy Priority Strategy Subjects Strategy Tools

Game theory – Prisoners dilemma

Elements of Game theory – Prisoners dilemma: Example payoff in years of jail Principle: Determines the options and payoffs of players Issues: Multiple players, win-win or zero-sum, changing the rules…

Framework Risk Strategy Direction Strategy Priority Strategy Subjects Strategy Tools Strategy Validation Sustainability/Appropriability

Planning Gap

Elements of Planning Gap: Time and Value graph with growth initiatives Principle: Addresses where we want to go and where we can go realistically Issues: Risk increasing when closing gap…

Competetive Advantage Environment Internal Models Strategy Choice Strategy Direction Strategy Subjects Strategy Tools

Porters Generic Strategies Competitive advantage

Elements of Porters Generic Strategies Competitive advantage: Matrix mapping strategic tarket market and competitive advantage Principle: Describe how a company pursues competitive advantage across its chosen market scope – to…

Entrepreneurship Management Managing Finances Managing People Models Strategy Direction Strategy Priority Strategy Subjects Strategy Tools Success

Rejuvenating the mature business

Elements of Rejuvenating the mature business : Galvanize – start a recovery processSimplify and consolidateBuildExert leverage Principle: Rejuvenation is rather to be achieved in the four steps than a one-off…

Models Strategy Choice Strategy Direction Strategy Subjects Strategy Tools

Simple Competitive Strategy matrix

Elements of Simple Competitive Strategy matrix: Acknowledged differentiation and Relative price matrix Principle: Competitive strategy based on customer quality perception and price Issues: Over or under pricing Gap between customer…

Framework Strategy Choice Strategy Direction Strategy Subjects Strategy Tools

Spheres of influence

Spheres of influence Elements of Spheres of influence: Five key planning elements Principle: Building arsenal of products and services Issues: Core business (Heartland) + logically related interests to Manoeuvre competitors…

Models Strategy Choice Strategy Direction Strategy Subjects Strategy Tools

Strategic Alternatives – Development & Growth

Elements Strategic Alternatives: Market Penetration– known skills and technology – just getting better Market Development – known skills and technology – new products or segments Product Development – known skills…

Management Managing Finances Models Risk Strategy Choice Strategy Direction Strategy Subjects Strategy Tools Strategy Validation Sustainability/Appropriability

Strategies for Declining Industries

Elements of Strategies for Declining Industries: Leadership Selective investment / Turnaround; Invest as appropriate to give real competitive advantage.Idea: Become one of the strongest in declining industry – low-cost or…

Models News Strategy Choice Strategy Direction Strategy Subjects Strategy Tools Strategy Validation

Strategy Evaluation – Selection Criteria

Elements of Strategy Evaluation – Selection Criteria: Appropriateness, Feasibility, Desirability Principle: Factors influencing effectiveness of strategy A – start left & end right F – start up & end down…

Category: Strategy Direction