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Strategy Execution: The 10 Strategy Tests (PowerPoint PPT)
PowerPoint (PPT) 23 Slides FlevyPro Document
DESCRIPTION
The mainstay of a successful strategy is creation of Competitive Advantage. However, for most organizations Competitive Advantage is a moving target, which is hard to pin down. A global executive study pinpoints a possible cause: just 53% of executives characterized their companies' strategies as underscoring the development of differential advantage over rivals. The rest declared their strategies as merely matching industry best practices and delivering operational imperatives.
This presentation provides a detailed account of 10 strategy tests that were validated in the global study. The research encompassed online survey of executives from across the world, to test whether their companies' business unit strategies pass 10 tests that constitute a good strategy.
The main test questioned the potential of a company strategy to overcome rivals by creating Competitive Advantage, while the rest of the 9 tests investigated the efficacy of the strategy and how it positions the company in the market.
Conducting an in-depth review of the strengths and weaknesses of a company's past strategies through these 10 tests may help leaders uncover the ones relevant to their situations.
The slide deck also includes some slide templates for you to use in your own business presentations.
This PPT delves into the nuances of strategy execution by examining the results of a comprehensive survey of over 2,000 executives. It provides insights into how different regions and industries perceive and implement strategic initiatives. The data reveals that a significant portion of executives believe their strategies balance major commitments with flexibility, a critical factor in navigating future uncertainties.
The presentation also highlights the correlation between passing these strategy tests and financial performance. Executives from healthcare and social services sectors, in particular, rated flexibility and belief in basic assumptions as having the highest impact on performance. This deck serves as a valuable tool for leaders aiming to refine their strategic approach and ensure their organizations are well-positioned to achieve a competitive edge.
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Source: Best Practices in Competitive Advantage, Strategy Execution PowerPoint Slides: Strategy Execution: The 10 Strategy Tests PowerPoint (PPT) Presentation, LearnPPT Consulting
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