MOST Analysis (Mission, Objectives, Strategies, and Tactics) is a powerful framework that redefines Strategic Planning and enhances organizational alignment. By focusing on internal processes and organizational culture, MOST transforms abstract visions into actionable objectives, driving organizations toward success. The framework begins with defining the mission, outlining the organization’s purpose. Objectives translate this mission into specific, […]
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Consulting Workshop Series 101: Tools to Generating Effective and Innovative Ideas
Whether the focus is a strategy, operations, tax, finance, HR, or IT, management consulting firms have become a staple of corporate life. From defining strategic directions to simply serving as an additional pair of hands for outsourced work, management consultants have become inextricably linked to the success of most large organizations. However, festering underneath the […]
What Qualifies As a Core Competence?
The concept of Core Competence was first introduced by C. K. Prahalad and Gary Hamel in 1990, in their article The Core Competence of the Corporation. Since then, this term has become part of the general business vernacular. Companies constantly claim various things to be part their “core competencies.” But, are these really Core Competencies? […]
Telecommunications Industry Value Chain: Deep Dive
The Telecommunications (Telecom) industry is a dynamic and essential sector, driving connectivity and communication across the globe. This industry encompasses various services, including voice, data, and video transmission, and is fundamental to the functioning of modern economies. With the rapid proliferation of mobile devices, the expansion of broadband infrastructure, and the advent of 5G technology, […]
Strategic Management Done Right: Set up a Strategic Management Office (SMO)
Most organizations struggle with Strategy execution. In fact, numerous studies from top consulting firms (including McKinsey, Bain, BCG) and Harvard Business Review have shown approximately 70% of strategies fail due to poor execution. Furthermore, organizations only realize about 60% of their strategies’ value. Having a Strategic Management Office–i.e. SMO–may improve your chances of success. The […]
5 Elements of a Problem Statement
Managing any organization can be described as a constant stream of problems that need to be managed and solved. However, oftentimes, people like to immediately implement solutions without having spent the time and effort to truly understand and analyze the true nature of the problem at hand. Thus, organizations end up spending a lot of […]
Semiconductor Industry Value Chain: Deep Dive
The Semiconductor industry is a cornerstone of modern technology, driving advancements in various sectors such as consumer electronics, automotive, telecommunications, and industrial applications. Semiconductors are the fundamental building blocks of electronic devices, enabling the functionality of everything from smartphones and laptops to advanced medical equipment and autonomous vehicles. According to Deloitte, the global semiconductor market […]
Retail Industry Value Chain: Deep Dive
The Retail industry is a vibrant and ever-evolving sector, characterized by its direct interaction with consumers and its critical role in the global economy. This industry encompasses a wide array of segments, including fashion, electronics, groceries, and home goods, and operates across multiple channels such as brick-and-mortar stores, e-commerce platforms, and omnichannel solutions. According to […]
Renewable Energy Industry Value Chain: Deep Dive
The Renewable Energy industry is spearheading the global transition towards sustainable power, encompassing a diverse array of technologies such as solar, wind, hydroelectric, and bioenergy. This sector is experiencing rapid growth, driven by increasing environmental awareness, technological advancements, and supportive government policies. According to the International Energy Agency (IEA), renewable energy is expected to account […]
Oil & Gas Industry Value Chain: Deep Dive
The Oil and Gas industry is a critical pillar of the global economy, fueling transportation, powering industries, and providing the raw materials for countless products. This sector involves complex operations that span from exploration and drilling to refining and distribution. The industry’s significance is underscored by its substantial contribution to global energy supplies and economic […]
Medical Device Industry Value Chain: Deep Dive
The Medical Device industry plays a pivotal role in modern healthcare, driving innovation in medical technology and enhancing patient outcomes. This sector encompasses a wide range of products, from simple instruments to complex, high-tech devices that monitor and treat various health conditions. The global market for medical devices is substantial, with significant growth projected due […]
Bowman’s Strategy Clock
Strategic positioning and value differentiation are fundamental to an organization’s success. Traditional models like Porter’s Generic Strategies have paved the way, but new complexities require refined frameworks. Bowman’s Strategy Clock, designed by Cliff Bowman, offer a sophisticated take on strategic positioning that moves beyond cost leadership and differentiation, encompassing a broader range of competitive strategies. […]
