Classic Strategy Approach: Overview and Execution PPT
This PPT slide, part of the 23-slide Strategy Framework Canvas Primer PowerPoint presentation, presents an overview of the Classic approach to strategy, emphasizing its application in stable and predictable market environments. The left section outlines the core principles of this approach, highlighting how it relies on positioning the organization effectively within an attractive market. It notes that the basis for advantage can stem from factors like superior scale, differentiation, or specialized capabilities. This positioning is crucial in environments where competition is well-defined and predictable.
The middle section discusses when to employ this Classic approach. It suggests that organizations should consider this strategy in markets characterized by established competition and minimal disruption risks. It identifies key indicators that signal a suitable environment for this approach, such as industries with high returns to scale, stable business models, and modest growth rates. This insight is vital for executives looking to navigate their strategic choices effectively.
The right section details the execution of the Classic approach, outlining a structured three-phase process typically followed by management consulting firms. This includes Analysis and Design, Planning and Strategy Formulation, and Strategy Execution. The focus here is on assessing market attractiveness, understanding the competitive dynamics, and evaluating the firm's position. The resulting strategic plan is designed to forecast the targeted position and outline the necessary steps to achieve it.
Overall, the slide serves as a comprehensive guide for executives contemplating the Classic approach, providing clarity on its application, execution, and the market conditions that favor its use.
This slide is part of the Strategy Framework Canvas Primer PowerPoint presentation.
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