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3 Frameworks to a Successful Business Strategy

What is our strategy? This is a critical question every organization needs to answer. Strategy drives the company’s vision and course of action; and is what leads to its competitive advantage over others.

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). Below, we have 3 must-have frameworks to Business Strategy Development.

Strategy Development Methodology
https://flevy.com/browse/business-document/strategy-development-methodology-264
This is a detailed guide to Strategy Development, covering strategy concepts from military strategists (Sun Tzu’s Art of War) to modern day strategy development thought leaders (Mintzberg and Bower). It breaks down a 3-phase approach to Strategy Development, including hierarchical challenges, activities, and deliverables.

Guide to Business Strategy Design
https://flevy.com/browse/business-document/business-strategy-development-375
This framework explains the 12 elements in business strategy formulation and 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.

Formulating a Breakthrough Strategy
http://flevy.com/browse/business-document/formulating-a-breakthrough-strategy-598
What if you could develop a “breakthrough” strategy? This roadmap document condenses the top notch methodology that will produce a high caliber breakthrough strategy. It is focused on the strategy formulation process.
SEE ALSO: http://flevy.com/blue-ocean-strategy

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Flevy (http://flevy.com) is the leading provider of premium business documents (such as business frameworks, financial models, and presentation templates). Our documents are of the same caliber as those used and produced by top tier consulting firms, like McKinsey, Bain, Accenture, BCG, and Deloitte. Most documents were developed by seasoned executives and consultants with 20+ years of experience. Improve the growth and efficiency of your organization by leveraging Flevy's library of business frameworks and analysis tools. Scroll down a bit further on this page to download some of our free business training guides.

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