Company Strategy and Execution

Company Strategy

2

Agenda

Strategy Development1

Strategy Execution2

3

What is Strategy?

• Strategy is the creation of a unique and valuable position, involving a different set of activities

• Strategy requires you to make trade-offs in competing-choose what not to do

• Strategy involves creating “fit” among company’s activities

4

The Five Competitive Forces That Shape Strategy

• Position Your Company Where The Forces Are Weakest

• Exploit Changes In The Forces

• Reshape The Forces In Your Favor

5

Building Your Company’s Vision

• Core Values Are The Handful Of Guiding Principles By Which A Company Navigates

• Core Purpose Is An Organization’s Most Fundamental Reason For Being

6

Reinventing Your Business Model

• Customer Value Proposition

• Profit Formula

• Key Resources And Processes

7

Blue Ocean Strategy

1. Understand The Logic Behind Blue Ocean Strategy

1. It’s not about technology innovation

2. You don’t have to venture into distant water to create blue oceans

2. Apply Blue Ocean Strategy

1. Never use competition as benchmark

2. Reduce your costs while also offering customers more value

8

Successful Strategy Execution

•Decision Rights

• Information Flow

9

Using Balanced Scorecard as Strategic Management

• Translating The Vision

• Communicating And Linking

• Business Planning

• Feedback And Learning

10

Transforming Corner-Office Strategy into Frontline Action

• Hallmarks Of Powerful Strategic Principles

• Creating And Communicating Your Strategic Principle

11

Turning Great Strategy into Great Performance

• Keep It Simple

• Challenge Assumptions

• Speak The Same Language

• Discuss Resource Developments Early

• Identify Priorities

• Continuously Monitor Performance

• Develop Execution Ability

12

How Clear Decision Roles Enhance Organizational Performance

• RAPID Decision Model

• Decision-Role Pitfalls

• The RAPID Model In Action

13

THANK YOU