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Tag Archives | Business Strategy

misconceptions

5 Misconceptions about Business Strategy

We all like to talk about strategy. It’s cool to do so. But in order to craft a great strategy, it’s crucial to understand the underlying business strategy principles. All too often, people who talk about strategy don’t really know what strategy is all about. This article wants to change that! First, let’s take a […]

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soap

7 Steps to Produce a Strategy-on-a-Page (SoaP)

Every year you are asked to assess the previous year’s business performance and update your strategies to meet the needs of a changing environment, including new opportunities and emerging opposition to your business’ efforts. You have to schedule a brainstorming session with your business leaders, review your company’s vision and mission statements, measure current state […]

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Keys to Success. Concept on Golden Keychain.

Success Secrets of Centuries-old Companies

Companies are dying faster than they used to, according to a BCG study. In 1970, the average public company lasted over 55 years. By 2010, this had dropped to just over 30 years. The risk of a company exiting the market in five years is now 32 percent, compared to 5 percent 50 years ago. […]

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wwh-featured-3

Strategy Is Just Like Air

I’ve had a great response to my recent post announcing whywhathow (my venture into the world of strategy, performance and governance for not-for-profit and professional services organisations, if you missed it). So, how will whywhathow make a difference, you might ask?  Is my approach really special or unique? That will ultimately be for others to decide, but […]

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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 […]

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The Business Strategy that Makes Competition Irrelevant, Blue Ocean Strategy

Blue Ocean Strategy is growth strategy framework focused on the idea of creating an uncontested market space–i.e. a “blue ocean.” This framework is very innovative, as its principles challenge the conventional business strategy principles of fighting competitors head-on. The Blue Ocean Strategy framework evolved from a framework called Value Innovation developed by Gemini Consulting (now Capgemini […]

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Deconstruct and Innovate Your Business Model

The business model is at the core of any company’s corporate strategy.  It defines how the company creates, delivers, and captures value. Most tech startups fail because they lack a viable business model.  Even for enterprises with established business models, they often need to revisit and innovate on their business models. To understand the essence […]

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Blue Ocean Strategy

Learn the ins and outs of Blue Ocean Strategy to give your organization a true competitive advantage. http://flevy.com/blue-ocean-strategy Blue Ocean Strategy is growth strategy framework focused on the idea of creating an uncontested market space—i.e. a “blue ocean.” This framework is very innovative, as its principles challenge the conventional business strategy principles of fighting competitors […]

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