Evolution of Corporate Strategic Development Phases PPT
This PPT slide, part of the 35-slide Strategy Development Methodology PowerPoint presentation, outlines the evolution of strategic development in the corporate sector since the 1950s, highlighting 5 distinct phases. Each phase reflects a shift in focus and methodology, illustrating how organizations have adapted their strategic approaches over time.
Phase 1, occurring in the 1950s, centers on Financial Planning. The key theme during this period is to "Meet the budget," emphasizing financial control and budget planning as primary objectives. This foundational phase laid the groundwork for future strategic methodologies.
In the 1960s, the focus transitioned to Long-term Planning, where the key theme shifted to "Forecast the future." This phase introduced concepts such as growth planning and resource allocation, alongside analytical tools like SWOT analysis and the Ansoff Matrix, which became essential for strategic decision-making.
The 1970s marked the emergence of Strategic Planning, characterized by the theme "Think strategically to beat competition." This period saw the introduction of alternative strategies and frameworks like the BCG Matrix, which helped firms assess their market positions and make informed strategic choices.
The 1980s brought about Strategy Renewal, with the theme "Strategy as positioning." This phase emphasized strategic processes and market-based strategies, including Michael E. Porter's Five Forces and the Value Chain, which provided deeper insights into competitive dynamics.
Finally, from the 1990s to the present, the focus has shifted to Strategic Management, encapsulated by the theme "Integrate strategic planning and implementation." This phase highlights the importance of core competencies and frameworks like the Balanced Scorecard, which align strategic objectives with operational execution.
Overall, the slide serves as a comprehensive overview of how strategic development has evolved, providing valuable insights for organizations looking to refine their strategic approaches in today's complex business environment.
This slide is part of the Strategy Development Methodology PowerPoint presentation.
This presentation is developed by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. It is used by leading global strategy consulting firms for internal training and client project delivery.
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Henry Mintzberg Strategy Development Chief Strategy Officer Strategic Planning Core Competencies Balanced Scorecard Porter's Five Forces SWOT Analysis BCG Matrix Value Chain Positioning
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