This PPT slide, part of the 51-slide Complete Guide to Business Strategy Design PowerPoint presentation, presents a framework for strategy development, emphasizing the importance of interconnected strategy elements. It outlines a structured approach to creating a comprehensive strategy model, which is crucial for organizations aiming to align their long-term vision with actionable plans.
At the top, the "Vision Statement" serves as the foundation, articulating the organization’s perspective on future industry dynamics and its overarching goals. This element answers the question of what success looks like in the long run. Below this, "Corporate Strategy" acts as a bridge, detailing the major steps necessary to achieve the vision. It highlights the need for careful consideration of investments and resource allocation, while also addressing potential strategic risks.
The slide further breaks down the strategy into "BU & Functional Strategic Plans," which define medium-term objectives and key initiatives. This section emphasizes accountability and the necessity of outlining expected financial outcomes. Following this, "BU & Functional Operational Plans" delve into the specifics of planned actions, providing a rationale and detailed financial projections.
The concept of "White Space" initiatives is also introduced, representing opportunities for growth beyond existing business lines, such as new technologies or commodities. The visual representation on the right illustrates the relationship between these elements, showing how they should be logically linked and consistent over varying timeframes, from one year to twenty years.
This framework is essential for organizations seeking to develop a coherent strategy that aligns with their vision, ensuring that all components work together effectively. It serves as a guide for decision-makers to navigate the complexities of strategic planning.
This slide is part of the Complete Guide to Business Strategy Design PowerPoint presentation.
Created by former MBB consultants, this toolkit provides a details process and powerful frameworks to guide through strategy development process.
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Consulting Frameworks Strategy Development Chief Strategy Officer Strategic Planning Corporate Strategy Vision Statement
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