This PPT slide, part of the 54-slide Breakthrough Strategy Development: Competing for the Future PowerPoint presentation, outlines 2 primary strategies for achieving resource leverage within an organization. The first strategy emphasizes the importance of concentrating resources on key strategic goals instead of diluting efforts across multiple initiatives. It suggests that organizations can enhance focus by eliminating competing goals, ensuring consistency over time, prioritizing the most critical objectives, and targeting activities that yield the highest value. This approach advocates for a streamlined allocation of resources to maximize impact and effectiveness.
The second strategy shifts the focus to the efficiency of resource accumulation. It highlights the significance of learning from past experiences and leveraging strategic alliances, joint ventures, and licensing arrangements. These partnerships can provide access to third-party resources, enhancing the organization's capabilities. The slide notes that the ability to absorb insights from these collaborations is crucial for ongoing improvement.
Additionally, it mentions the potential for resource accumulation through relationships with suppliers and customers. By sharing development risks and negotiating favorable terms, organizations can secure resources more effectively. This dual approach not only aims at optimizing current resource use, but also at building a robust framework for future resource acquisition.
Overall, the slide presents actionable insights for executives looking to refine their resource management strategies. It encourages a focused approach to goal setting and emphasizes the value of strategic partnerships in resource enhancement. These methods can lead to better alignment with organizational objectives and improved overall performance.
This slide is part of the Breakthrough Strategy Development: Competing for the Future PowerPoint presentation.
This presentation is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. It teaches a practical consulting framework actively used by tier-1 consulting firms.
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Breakout Strategy Growth Strategy Strategy Development Goal Setting Breakthrough Strategy Resource Management Joint Venture
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