Source: Flevy
Summary: This document provides a framework to design your business strategy.
A key question that every business needs to able to answer is "What is our strategy?"
'Strategy' is part of everyday business language and is often used in the wrong context ( 'Operational Excellence' is not strategy).
The core of any strategy is about making choices of where to play and how to win, supplemented with a 'why' (the mission) and the 'how' (doing it).
This document covers these topics in three main sections:
1. What an organisation wants to achieve (Mission, Vision, etc)
2. Where and how it should compete (making choices - the heart of strategy)
3. How the strategy can be delivered (execution and implementation)
There are typically 12 elements in business strategy formulation and this powerpoint provides a powerful and effective strategy framework for any business to check the health of each element to give a good audit of the business strategy.
This is a partial preview. Full document download at Flevy: http://flevy.com/browse/business-document/complete-guide-to-business-strategy-design-375/ref=rodsilva123
Summary: This document provides a framework to design your business strategy.
A key question that every business needs to able to answer is "What is our strategy?"
'Strategy' is part of everyday business language and is often used in the wrong context ( 'Operational Excellence' is not strategy).
The core of any strategy is about making choices of where to play and how to win, supplemented with a 'why' (the mission) and the 'how' (doing it).
This document covers these topics in three main sections:
1. What an organisation wants to achieve (Mission, Vision, etc)
2. Where and how it should compete (making choices - the heart of strategy)
3. How the strategy can be delivered (execution and implementation)
There are typically 12 elements in business strategy formulation and this powerpoint provides a powerful and effective strategy framework for any business to check the health of each element to give a good audit of the business strategy.
