Transforming Strategy: From Competition to Innovation


This PPT slide, part of the 41-slide Growth Strategy PowerPoint presentation, outlines a fundamental shift in strategic thinking from traditional approaches to modern methodologies. It contrasts two paradigms: the conventional focus on competition and the emerging perspective that emphasizes creating uncontested market spaces.

In the traditional framework, industry conditions are viewed as static, compelling companies to operate within existing market confines. This mindset limits innovation and often leads to a zero-sum game where firms vie for the same customer base. The strategy is centered on building competitive advantages, which can be a resource-intensive and risky endeavor.

Modern thinking, however, advocates for a proactive approach where companies shape industry conditions. This involves creating new demand rather than merely exploiting existing markets. The focus shifts from competing to making competition irrelevant, which can lead to more sustainable growth.

Resource allocation also sees a transformation. Traditional views suggest a trade-off between value and cost, while modern strategies encourage breaking this trade-off. This means companies can deliver high value without necessarily increasing costs, fostering a more efficient operational model.

Finally, the offerings section emphasizes the importance of providing comprehensive solutions that go beyond conventional industry boundaries. This holistic approach can enhance customer satisfaction and loyalty, positioning companies as leaders in innovation rather than followers in competition.

The insights from this slide are crucial for any organization looking to redefine its strategic approach and drive growth in an increasingly complex market environment.



This slide is part of the Growth Strategy PowerPoint presentation.

This Growth Strategy framework is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. It teaches the Strategy Consulting approach to Growth and includes a full Growth Strategy Project breakdown.

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