Strategy Development Fundamentals
26 min! Run Time
Employees
only
Provided
Skills covered in this course
Description
This 26-slide PowerPoint offers a practical definition of strategy development and shows how strong strategy relies on a systematic flow of insights, options and response.
What this course covers:
- A working definition of strategy and what makes a winning proposition
- Critical success factors and guiding principles for strategy development
- The three questions that frame market opportunity and company response
- The four key outcomes of effective strategy development
For leaders and teams who need to set clear priorities and adapt as their market evolves.
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
What Is Flevy?
Flevy develops management training guides of the same caliber as those produced by top-tier management consulting firms, like McKinsey, Bain, Accenture, BCG, and Deloitte. In fact, our authors include ex-consultants from all these firms. Most of our materials were developed by seasoned executives and consultants with 20+ years of experience.
Strategy Development Fundamentals
This is a 26-slide PowerPoint.
A strategy is the integrated array of distinctive choices made by a company to develop and sustain a winning proposition in the market place (value, difference, position, effectiveness). This presentation proposes a practical definition of strategy development. It also identifies critical success factors and guiding principles for effective strategy development.
This deck shows how strategy development relies on a systematic logical flow (insights/options/response) that seeks answer 3 fundamental questions:
1. What are the opportunities offered by the market and how well positioned is the company to capture them?
2. What are the company's options to shape or adapt to the market conditions to its best advantage?
3. What select few priorities will the company need to focus on and how in order to win?
This deck also introduces the 4 key outcomes of strategy development:
* A robust and creative strategy that clearly identifies the select priorities to drive success.
* Organizational understanding, momentum, and enthusiasm.
* Strategic actions embedded in day-to-day business.
* Reinforced capability to adapt and evolve as market and industry develop.