Want FREE Templates on Strategy & Transformation? Download our FREE compilation of 50+ slides. This is an exclusive promotion being run on LinkedIn.


We have assembled 64 documents in the Strategy Development Toolkit. There are 20 documents listed on this page.
Take a look at the Top 100 Best Practices in Strategy & Transformation of 2024. It covers all levels of Strategy (Corporate, Business, Product, Marketing); Planning and Execution; Transformation; and Innovation.

  Open all 20 documents in separate browser tabs.
  Add all 20 documents to your shopping cart.

Strategy Development is the process of defining and implementing the actions and decisions that an organization will take to achieve its strategic goals. It involves analyzing the organization's current situation, identifying its strengths and weaknesses, and developing a plan for how it will achieve its goals in the future. This can include defining the organization's goals and objectives, identifying its target markets and customers, and developing its Value Proposition and Competitive Advantage.

Strategy Development typically involves a number of different analysis frameworks to examine various facets of the organization itself, competitors, product & service offerings, market & industry, and customer profiles. Through these analyses, we develop hypotheses and assumptions—and ultimately formulate our Strategy.

For example, the analysis may involve conducting market research to better understand customer needs and preferences; analyzing the organization's internal operations to identify areas for improvement; and developing and testing different strategic options. Strategy Development may also involve collaboration and input from a wide range of stakeholders, including senior leaders, managers, employees, and customers.

Strategy Development is a critical function that helps organizations define their directions and strategic plans for the future. By developing a clear and comprehensive Corporate Strategy, organizations can align their resources and efforts—and increase their chances of achieving their goals and realizing their full potential.

There is a plethora of Strategy Development frameworks, from classic Strategy frameworks (e.g. Porter's Five Forces, BCG Growth-Share Matrix, Value Disciplines Model) to newer age Strategy models. We have written an in-depth article on Strategy, which covers all phases of the Strategy process, from Strategic Planning to Strategy Development to Strategy Deployment and Execution. We also have a complimentary presentation on Strategy Development & Execution, which introduces 12 strategic frameworks.

For more information, have a look at these management topics:


Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes across the world—in over 130 countries. Below is just a very small sample of our customer base.

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.

Browse our Business Toolkits
to quickly find the documents you need.
Each business toolkit is a collection of documents around a common management topic.


  Show all available toolkits.

Download our FREE Strategy & Transformation Framework Templates

Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S Strategy Model, Balanced Scorecard, Disruptive Innovation, BCG Experience Curve, and many more.