{"id":750,"date":"2014-04-13T21:42:51","date_gmt":"2014-04-14T02:42:51","guid":{"rendered":"http:\/\/flevy.com\/blog\/?p=750"},"modified":"2014-04-13T21:42:51","modified_gmt":"2014-04-14T02:42:51","slug":"3-frameworks-to-a-successful-business-strategy","status":"publish","type":"post","link":"https:\/\/flevy.com\/blog\/3-frameworks-to-a-successful-business-strategy\/","title":{"rendered":"3 Frameworks to a Successful Business Strategy"},"content":{"rendered":"<p><em>What is our strategy?<\/em> This is a critical question every organization needs to answer. Strategy drives the company&#8217;s vision and course of action; and is what leads to its competitive advantage over others.<\/p>\n<p>The core of any strategy is about making choices of where to play and how to win, supplemented with a &#8220;why&#8221; (the mission) and the &#8220;how&#8221; (doing it). Below, we have 3 must-have frameworks to Business Strategy Development.<\/p>\n<p><strong>Strategy Development Methodology<\/strong><br \/>\n<a href=\"https:\/\/flevy.com\/browse\/business-document\/strategy-development-methodology-264\">https:\/\/flevy.com\/browse\/business-document\/strategy-development-methodology-264<\/a><br \/>\nThis is a detailed guide to Strategy Development, covering strategy concepts from military strategists (Sun Tzu&#8217;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.<\/p>\n<p><strong>Guide to Business Strategy Design<\/strong><br \/>\n<a href=\"https:\/\/flevy.com\/browse\/business-document\/business-strategy-development-375\">https:\/\/flevy.com\/browse\/business-document\/business-strategy-development-375<\/a><br \/>\nThis 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.<\/p>\n<p><strong>Formulating a Breakthrough Strategy<\/strong><br \/>\n<a href=\"https:\/\/flevy.com\/browse\/business-document\/formulating-a-breakthrough-strategy-598\">https:\/\/flevy.com\/browse\/business-document\/formulating-a-breakthrough-strategy-598<\/a><br \/>\nWhat if you could develop a &#8220;breakthrough&#8221; 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.<br \/>\nSEE ALSO: <a href=\"https:\/\/flevy.com\/blue-ocean-strategy\">https:\/\/flevy.com\/blue-ocean-strategy<\/a><\/p>\n<div class=\"aside\">\n<p>Looking for something else? Check out these resources:<\/p>\n<ul>\n<li><a href=\"https:\/\/flevy.com\/business-frameworks\">https:\/\/flevy.com\/business-frameworks<\/a><\/li>\n<li><a href=\"https:\/\/flevy.com\/blog\/recommended-documents-by-business-topic\/\">https:\/\/flevy.com\/blog\/recommended-documents-by-business-topic\/<\/a><\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>What is our strategy? This is a critical question every organization needs to answer. Strategy drives the company&#8217;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 &#8220;why&#8221; (the&hellip;&nbsp;<a href=\"https:\/\/flevy.com\/blog\/3-frameworks-to-a-successful-business-strategy\/\" rel=\"bookmark\"><span class=\"screen-reader-text\">3 Frameworks to a Successful Business Strategy<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[81],"tags":[5,335,337,336,76,77],"class_list":["post-750","post","type-post","status-publish","format-standard","hentry","category-strategy","tag-business-strategy","tag-business-strategy-design","tag-business-strategy-development","tag-business-strategy-formulation","tag-corporate-strategy","tag-strategy-development"],"_links":{"self":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/comments?post=750"}],"version-history":[{"count":1,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/750\/revisions"}],"predecessor-version":[{"id":751,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/750\/revisions\/751"}],"wp:attachment":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media?parent=750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/categories?post=750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/tags?post=750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}