DESCRIPTION
This booklet has been put together to support you in structuring and communicating your thoughts on business problems. It contains 50 widely accepted strategy tools (including major framework, methodology, approach, technique, and tools)that can be applied in analyzing many business situations. Each tool includes a description, application, process, example output, and tricks and tips for using the tool. This booklet is intended to be your back-pocket guide to do strategy work for your company or client.
The Strategy Toolkit is an indispensable resource for any executive looking to sharpen their strategic planning and execution capabilities. The toolkit includes a comprehensive array of tools such as the 100% bar, which is ideal for presenting the relative proportions of various elements within a fixed total. This tool is particularly effective for comparing competitors, analyzing costs, and understanding revenue streams. The toolkit offers detailed guidance on creating these bars using Excel, ensuring that your data presentation is both accurate and impactful.
Asset extension modeling is another powerful technique included in the toolkit. This tool helps identify new business opportunities by leveraging existing strategic assets. It avoids common pitfalls by isolating core, near, and far opportunities, making it easier to achieve stretch goals without overreaching. The process involves a thorough skills audit, followed by a structured workshop to brainstorm and validate new opportunities. This ensures that all potential avenues for growth are explored and prioritized effectively.
The competitor analysis template is designed to facilitate rigorous comparisons between industry players. This template is structured to address a company's structure, strategic conduct, and performance. By reviewing hypotheses and capturing key behaviors, it allows for a focused analysis that feeds directly into strategic decision-making. The toolkit emphasizes the importance of fitting all summary information onto a single page, ensuring clarity and conciseness in your strategic assessments.
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Source: Best Practices in Strategy Frameworks PDF: Strategy Toolkit PDF (PDF) Document, noelhan90
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