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
https://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: https://flevy.com/blue-ocean-strategy
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