Strategy Dynamics (PowerPoint PPT)

DESCRIPTION

The Strategy Dynamics model, developed by Kim Warren, is a technique to explain our organization’s performance up to the current date; and to develop and execute strategies for improving our future performance. This approach emphasizes building and sustaining the resources and capabilities necessary to succeed.

Strategy Dynamics focuses on performance over time. The overarching objective of strategic management is to develop a sustainable approach to quantitatively improve performance through time. This can apply to the enterprise as a whole, or for a key functional areas (e.g. sales).

Strategy Dynamics seeks to answer 3 key questions:

1. Why is performance following its current path?
2. Where will performance go if we continue as we are doing today?
3. How can we design a robust strategy to radically improve that performance into the future?

Strategy Dynamics is applicable to every kind of enterprise, whether commercial, public-service, or voluntary, as well as to every corporate function within an organization. It is also applicable to not yet existing enterprises, such as new ventures or voluntary initiatives.

The Strategy Dynamics model is a comprehensive framework that breaks down the process into three critical stages: identifying resources, understanding the flows that fill and drain these resources, and pinpointing the factors that cause resources to be won and lost. This step-by-step methodology ensures that every aspect of resource management is scrutinized, providing a clear picture of the organization's performance dynamics. The model's emphasis on historical data underscores the importance of understanding past performance to predict future outcomes accurately.

The PPT also delves into the extensions of the core architecture, highlighting the role of potential resources, various development states, and the impact of intangible factors like reputation and morale. Competitive rivalry and organizational capabilities are also explored, offering a holistic view of the strategic landscape. This detailed analysis equips executives with the tools needed to craft robust strategies that are both data-driven and adaptable to changing market conditions.

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Source: Best Practices in Strategy Dynamics, Performance Management, Kim Warren PowerPoint Slides: Strategy Dynamics PowerPoint (PPT) Presentation, PPT Lab