DESCRIPTION
The Strategy Framework Canvas is a tool 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 Approach (e.g. Porter's Five Forces, BCG Matrix)
2. Adaptive Approach (e.g. First Mover Advantage, Dynamic Capabilities)
3. Visionary Approach (e.g. Blue Ocean Strategy, Innovator's Dilemma)
4. Leader Approach (e.g. S-Curve, Ecosystem Strategy)
5. Renewal Approach (e.g. Transformation/turnaround strategies)
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.
Additional concepts covered include historical chronology of strategy frameworks, pitfalls, case examples, leadership roles, the success trap, ambidexterity, sustainable growth, exploiters vs. explorers, etc.
This deck also slide templates you can use for your own business presentations.
The Strategy Framework Canvas is an indispensable asset for organizations navigating complex strategic landscapes. It provides a structured methodology to align strategy with specific business contexts, ensuring optimal execution. The framework's versatility allows it to be applied across various organizational levels, from individual business units to entire enterprises. It also highlights the evolution of strategy frameworks over decades, offering a comprehensive historical perspective. The inclusion of case examples and industry-specific applications enhances its practical relevance. This tool is particularly valuable for large, diversified organizations facing dynamic market conditions.
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Source: Best Practices in Consulting Frameworks, Strategy Frameworks, Strategy Development, Strategic Thinking PowerPoint Slides: Strategy Framework Canvas PowerPoint (PPT) Presentation, LearnPPT Consulting
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