This PPT slide, part of the 62-slide Strategy Chessboard PowerPoint presentation, presents a framework for understanding 4 strategic options available under the concept of "Umbrella Strategies." Each option is positioned within a quadrant that reflects the company's desire and ability to shape the industry versus adapting within it. The vertical axis indicates the company's inclination to influence the industry, while the horizontal axis measures the predictability of the industry over a relevant time horizon.
The 4 strategies outlined are "Redefine the Industry," "Reinvent the Industry," "Position and Conquer," and "Maintain Foresight and Flexibility." Each strategy requires different levels of analytical predictability. For instance, "Redefine the Industry" and "Reinvent the Industry" are positioned in the upper quadrants, suggesting they are suited for scenarios where companies can actively shape the industry landscape. These strategies involve conducting detailed analyses to identify opportunities for innovation and transformation.
On the other hand, "Position and Conquer" and "Maintain Foresight and Flexibility" are located in the lower quadrants, indicating a focus on adapting to existing industry conditions. These strategies emphasize understanding the current market position and maintaining agility in response to changing circumstances.
The slide also hints at the necessity for organizations to possess the right capabilities to effectively implement these strategies. It suggests that not all companies have the requisite desire, culture, or resources to influence their industry's trajectory. This insight is crucial for decision-makers considering which strategic path to pursue, as it highlights the importance of aligning organizational capabilities with chosen strategies. Overall, this framework serves as a guide for executives to evaluate their strategic options based on their analytical capabilities and industry dynamics.
This slide is part of the Strategy Chessboard PowerPoint presentation.
This presentation is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. Strategy Chessboard is a powerful A.T. Kearney Strategic Planning framework used for selecting the optimal strategic approach.
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