A notion pioneered by Michael Porter, developing a successful strategy is about finding a sustainable competitive advantage for the organization. This deck introduces high level concepts related to strategy development, including the elements of strategy and various bases for strategic choices. It also introduces the Strategic Clock framework, which can be used to define the competitive advantage.
Additional objectives of this deck include:
• Understanding how to assess different strategic options financially.
• Understanding how to choose based on implementation ability.
This comprehensive deck delves into the intricacies of strategic development, emphasizing the importance of aligning market positioning with financial viability. It provides a detailed analysis of the Strategic Clock framework, highlighting the various competitive positions a company can adopt and the associated risks and benefits. The PPT also explores the critical elements of strategy, including market dynamics, company performance, and customer needs, ensuring a holistic approach to strategic planning.
In the final phases of the consulting process, this deck guides you through developing strategic options and making informed recommendations. It outlines a structured problem-solving process, from defining issues and forming hypotheses to gathering and analyzing data. This methodical approach ensures that insights are actionable and recommendations are grounded in solid data, making it a valuable resource for any strategic consultant.
The financial impact of strategic options is a key focus, with illustrative examples demonstrating how to project financial outcomes and assess different scenarios. The document emphasizes the importance of a robust financial model that can deliver key metrics and support business cases. This practical approach to financial assessment ensures that strategic decisions are not only theoretically sound, but also financially viable, providing a clear path to sustainable competitive advantage.
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Source: Best Practices in Strategy Development PowerPoint Slides: Bringing Strategy Together PowerPoint (PPT) Presentation Slide Deck, LearnPPT Consulting
This PPT slide outlines the foundational elements guiding strategic changes based on varying levels of strategic management. It is divided into 3 main sections: Corporate Purpose and Aspirations, Bases of SBU Strategy, and Enhancing SBU Strategy: Corporate Parenting.
The first section, Corporate Purpose and Aspirations, emphasizes the importance of ownership, mission, strategic intent, scope, diversity, and global considerations. This suggests that a clear understanding of these elements is critical for any organization looking to adapt its strategy effectively. Each bullet point indicates a dimension that influences how a company positions itself in the market and aligns its resources.
Moving to the Bases of SBU Strategy, the slide identifies key strategies that can be employed at the Strategic Business Unit (SBU) level. Achieving a competitive edge is highlighted, along with various strategic approaches such as price-based strategies, differentiation strategies, and focus strategies. This section implies that organizations must choose their strategic path carefully, depending on their market context and internal capabilities.
The final section, Enhancing SBU Strategy: Corporate Parenting, introduces concepts like portfolio management, financial strategy, and the role of the corporate parent. This indicates that effective corporate parenting can significantly enhance the performance of SBUs by providing necessary resources and strategic direction. The mention of the parenting mix suggests that different approaches may be required depending on the specific needs of each SBU.
Overall, this slide serves as a framework for understanding how strategic choices are interrelated and how they can be leveraged to drive organizational success.
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