Progressive companies apply themselves to aligning employees with their “True North”. That way, all employees, from the executive- management level down, become part of a cohesive strategy. Identifying your business's true objective and embedding in your organization also provides a strong foundation for all strategic decision-making.
We help you identify and deploy any one of the three kinds of business strategy.
1. Strategy in general: Strategy in general is about relationship between the means and the ends.
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What is our objective? What are the ends we seek?
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What is our current strategy, implicit or explicit?
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What courses of action might lead to the ends we seek?
2. Corporate Strategy: It’s about our choices & commitment to businesses/ markets/ Services/ Products in which our company will operate.
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What is the current strategy, implicit or explicit?
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What assumptions have to hold for the current strategy to be viable?
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What is happening in the larger, social, political, technical and financial environments?
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What are our growth, size, and profitability goals?
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In which markets will we compete?
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In which businesses?
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In which geographic areas?
3. Competitive Strategy: It’s about our competitors and competition and defines for a given business the basis on which it will compete.
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What is the current strategy versus what’s happening in the industry with our competitors?
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What is our size, growth and profitability goal?
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What services/ products do we offer and who are our customers?
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How will we distribute our products and deploy our services? Which technologies will we employ?
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What are our core capabilities and what do we need to acquire through alliance?