Breakthrough Strategy Development: Competing for the Future (PowerPoint PPT)

The contents of this presentation are largely based on the book, Competing for the Future, by Gary Hamel and C.K. Prahalad. It discusses a new paradigm for competitive strategy focused on developing breakthrough strategies for seizing control of your industry and creating the markets of tomorrow.

"Competing for the future" means to identify, create, and then dominate emerging market opportunities before our competitors have the opportunity to exploit them. It requires us to anticipate and execute before competitors are aware of the need.

Topics covered include: 4 Strategic Initiatives, 3-Phase Approach to Competing for the Future, Future Visioning Techniques, Business Model Design, Strategic Architecture, Strategic Intent, Resource Leverage, Core Competencies, Expeditionary Marketing, Global Preemption, Industry Leadership, and Organizational Design.

This deck also contains some templates to leverage in your business presentations.

This presentation delves into altering corporate genetics to foster a forward-thinking mindset. It emphasizes the necessity of reshaping biases, assumptions, and preferences ingrained in the management team to align with future industry trends. By addressing three critical questions—future benefits, required competencies, and customer interface variations—organizations can construct a robust vision for the future.

The PPT outlines a comprehensive approach to strategic architecture development. Techniques include forming a Strategic Architecture Council, organizing company-wide events, and encouraging strategic alliances. It also highlights the importance of flexibility in strategic commitments and leveraging senior management insights to anticipate industry evolution. These steps are crucial for identifying and exploiting new business opportunities.

Resource leverage is another key focus, with strategies to concentrate resources on critical goals and accumulate them efficiently. This involves eliminating competing goals, maintaining consistency, and forming strategic alliances. The presentation also covers the importance of protecting core competencies by reallocating assets to high-benefit areas and appointing internal guardians. This ensures long-term competitiveness and market leadership.