A strategy is the integrated array of distinctive choices made by a company to develop and sustain a winning proposition in the market place (value, difference, position, effectiveness). This presentation proposes a practical definition of strategy development. It also identifies critical success factors and guiding principles for effective strategy development.
This deck shows how strategy development relies on a systematic logical flow (insights/options/response) that seeks answer 3 fundamental questions:
1. What are the opportunities offered by the market and how well positioned is the company to capture them?
2. What are the company's options to shape or adapt to the market conditions to its best advantage?
3. What select few priorities will the company need to focus on and how in order to win?
This deck also introduces the 4 key outcomes of strategy development:
• A robust and creative strategy that clearly identifies the select priorities to drive success.
• Organizational understanding, momentum, and enthusiasm.
• Strategic actions embedded in day-to-day business.
• Reinforced capability to adapt and evolve as market and industry develop.
This PPT dives deep into the mechanics of crafting a winning proposition, emphasizing the importance of value, position, difference, and effectiveness. It provides a comprehensive framework for resource allocation across corporate, business unit, and functional levels, ensuring alignment with strategic priorities. The presentation also covers diverse tools and methodologies to support each phase of the strategy development process, from insights generation to response organization.
The document compares various schools of thought on strategy development, offering a balanced view of different approaches and their implications. It highlights the challenges associated with each approach, providing practical insights for overcoming common pitfalls. This resource is essential for executives seeking to refine their strategic planning and execution capabilities, ensuring sustained competitive advantage in a dynamic market environment.
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Source: Best Practices in Strategy Development, Chief Strategy Officer PowerPoint Slides: Strategy Development Fundamentals PowerPoint (PPT) Presentation Slide Deck, LearnPPT Consulting
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Strategy Development Frameworks
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