Three-Phase Framework for Future Competition PPT
This PPT slide, part of the 54-slide Breakthrough Strategy Development: Competing for the Future PowerPoint presentation, presents a structured framework for navigating the future through a three-phase approach. Each phase is distinct yet interconnected, emphasizing the need for organizations to adapt continuously as they progress.
Phase 1, labeled "Compete for Intellectual Leadership," focuses on envisioning future customer needs and the innovative delivery of benefits. This phase is about creativity and foresight, where organizations must originate new ideas that resonate with evolving market demands. The management focus here is on generating original concepts that can set the stage for future success.
Phase 2, "Compete for Manage the Migration Path," shifts the emphasis to establishing industry standards in emerging markets. This phase involves identifying core competencies and forming strategic partnerships essential for navigating transitions. The focus is on negotiation and collaboration, ensuring that organizations can effectively manage the complexities of market evolution.
Finally, Phase 3, "Compete for Market Share and Leadership," centers on securing a position in a well-defined market. Here, the focus is on understanding and leveraging standards, market share, and competitive positioning based on value, cost, and service. Organizations must concentrate on strategic planning activities to solidify their market presence and enhance customer satisfaction.
Overall, this framework illustrates a comprehensive approach to future competition, highlighting the importance of innovation, strategic partnerships, and market positioning. It serves as a guide for executives looking to align their strategies with the dynamic nature of market demands. Understanding these phases can be crucial for organizations aiming to thrive in an ever-evolving landscape.
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 Strategic Planning Strategy Development Core Competencies Customer Satisfaction Breakthrough Strategy Leadership Creativity Innovation Creativity Positioning
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