This PPT slide, part of the 77-slide Complete Guide to Strategic Planning PowerPoint presentation, outlines various strategic approaches that organizations can leverage to enhance their strategic decision-making processes. It emphasizes the importance of utilizing multiple methods in tandem to create effective strategies. The central theme is the categorization of strategic decisions into several key areas, which include market penetration, product development, and operational efficiency.
At the top of the slide, a sequence of strategic decision-making steps is presented. These steps include Business Unit Identification, Situational Analysis, Strategic Formulation, Performance Analysis/Business Plan, and Performance Measurement & Control. This structured approach suggests a systematic method for organizations to assess their current positions and formulate actionable strategies.
The lower section of the slide lists specific strategic options. Market penetration focuses on enhancing advertising, pricing, and distribution efforts within existing markets. New product development within the same markets is highlighted, indicating a strategy to innovate while retaining existing customer bases. The slide also addresses the introduction of new products in new markets, suggesting a more aggressive growth strategy.
Vertical integration is mentioned as a means to consolidate operations and streamline processes. The slide also points to the importance of improving efficiency through technology, which is crucial for maintaining competitiveness in a rapidly evolving market. Lastly, consolidation is noted as a strategy to reduce product lines, which can help in focusing resources and simplifying operations.
Overall, this slide serves as a comprehensive guide for executives looking to explore various strategic avenues for growth and operational improvement.
This slide is part of the Complete Guide to Strategic Planning PowerPoint presentation.
This presentation is created by an expert in Strategic Planning, having been involved in the planning sessions of 3M, Gillette, Rubbermaid, Zenith, Sunbeam, and 100s of others. He's been working in Strategic Planning since the 60s.
EXPLORE MORE SLIDES FROM THIS PRESENTATION
EXPLORE MORE PRESENTATIONS ON
Flevy is the world's largest knowledge base of best practices.
Leverage the Experience of Experts.
Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.
Download Immediately and Use.
Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.
Save Time, Effort, and Money.
Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.
