This PPT slide, part of the 44-slide Strategy Framework Canvas PowerPoint presentation, titled "Classic Approach – Overview" outlines a strategic framework known as the Classic approach, which is characterized by its focus on stable and predictable market conditions. The overview section emphasizes that this strategy is built on sustainable advantages achieved through optimal positioning within an attractive market. It highlights that the basis for these advantages is often well-defined and can stem from factors such as superior scale, differentiation, or specialized capabilities.
The "When to Use This Approach" section provides guidance on the appropriate contexts for deploying the Classic approach. It suggests that organizations should consider this strategy in markets where competition is established and predictable. It notes that within these stable environments, the risk of disruption is minimal, allowing firms to operate under relatively fixed industry conditions. The indicators for a successful Classic approach include well-established industries with high returns, stable business models, and modest growth rates.
The final section, "Execution of This Approach," outlines a structured three-phase process typical of management consulting firms. This process includes Analysis and Design, Planning and Strategy Formulation, and Strategy Execution. The focus here is on assessing market attractiveness, understanding the competitive basis, and evaluating the firm's own competitiveness. The resulting strategic plan is designed to forecast key factors, articulate a targeted position, and outline the steps necessary to achieve that position.
Overall, the slide presents a clear framework for organizations considering a methodical approach to strategy in stable market environments, emphasizing the importance of understanding market dynamics and executing a well-defined plan.
This slide is part of the Strategy Framework Canvas PowerPoint presentation.
This presentation is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. It teaches a practical consulting framework actively used by tier-1 consulting firms.
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