DESCRIPTION
The Strategy Framework Canvas is a methodology to help navigate through the sea of existing strategy frameworks. Since the 1950s, corporate strategy thinking has been evolving—new strategy frameworks are introduced each year. Today, there are literally 100s of strategy frameworks that have been developed by strategists, academics, and consulting firms.
The Strategy Framework Canvas is a unifying choice framework that guides us in selecting the appropriate strategy for the circumstances at hand and execute it effectively. It identifies 5 distinct approaches to strategy:
1. Classic
2. Adaptive
3. Visionary
4. Leader
5. Renewal
Each approach is driven by a unique business environment, characterized by 3 dimensions: Predictability, Malleability, and Harshness.
The Strategy Framework Canvas helps us determine which approach, or combination of approaches, is most appropriate for various facets of our organization—i.e., for different business units, geographies, and stage of our organization's lifecycle. This model is particularly useful for large organizations that are now stretched across a more diverse and faster-changing range of business situations.
The Strategy Framework Canvas Primer is a comprehensive guide that breaks down the five archetypal approaches to strategy: Classic, Adaptive, Visionary, Leader, and Renewal. Each approach is meticulously detailed, providing insights into the environments they best operate in and the key indicators that signal their applicability. The Classic approach, for instance, thrives in predictable and non-malleable environments, leveraging frameworks like Porter’s Five Forces and the BCG Matrix. In contrast, the Adaptive approach is designed for unpredictable and non-malleable environments, emphasizing continuous experimentation and real-time adjustments.
The PPT also delves into the Visionary approach, which is ideal for environments that are predictable and malleable, enabling organizations to be the first movers in new markets. The Leader approach focuses on shaping or reshaping industries through collaboration and ecosystem development, while the Renewal approach is tailored for harsh environments, aiming to restore organizational vitality through transformation and turnaround strategies. This primer is an essential tool for executives seeking to navigate complex strategic landscapes and tailor their approach to the unique challenges and opportunities their organizations face.
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Source: Best Practices in Strategy Development PowerPoint Slides: Strategy Framework Canvas Primer PowerPoint (PPT) Presentation, LearnPPT Consulting
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