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1 BMGI Workshop on: Strategy for practitioners May 16th 2014 Dr. Michael Ohler, Principal BMGI Europe [email protected] http://www.bmgi.com

Strategy for practitioners

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Thinking about and creating strategy is nothing elusive. It is very practical indeed. It can be learned. In a half-day "open access" workshop in London, we have explored our "Operational Strategy Model" in order to: - Understand different practical strategy problems - Reverse engineering a major strategic initiative - De-cypher participant strategic challenges. Participants' feedback: - We gained a lot of clarity - We loved the facilitated approach to strategy.

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BMGI Workshop on:

Strategy for practitioners

May 16th 2014 Dr. Michael Ohler, Principal BMGI Europe [email protected] http://www.bmgi.com

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Strategy for Practitioners

BMGI half-day workshop. London, May 16th 2014.

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The challenge

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Expectations

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What is strategy?

Brainstormed for nouns, verbs and adjectives to characterize what strategy is. In order to spark the conversation (next slide), we affinitized them.

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What is strategy?

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BMGI Strategy Map

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BMGI Strategy Map in use

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Mapping out strategic challenges using the BMGI Strategy Map

We used strategic challenges (on post-it notes), collected at BMGI clients and in other such workshops to map them out.

Conclusion: Leadership teams can gain a lot of clarity by mapping out their challenges.

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Reverse-engineering a strategy:

Re-gaining leadership in the Swiss watch industry (1980ies)

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Reverse-engineering a strategy:

Re-gaining leadership in the Swiss watch industry (1980ies)

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One of our strategic challenges

One participant sponsored his strategic challenge, which we then captured and analyzed.

We analyzed and „took it apart“ and went as far as deriving suggestions. Next step: use this analysis to ask focused „strategic thinking questions to gain insights that can be used to develop a strategy.

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Wrap up

We liked the workshop – a lot.