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STRATEGY

DIRECTION & OPTIONALITY FOR REACHING YOUR DESTINATION.

Strategy

About strategy

If we ask what your company is in business to do, you can probably rattle off a pretty effective answer.

Similarly, if you’re a company leader or working at a well-run business, you should be able to describe where the company is trying to go - its vision for the next 5-10 years.

But how clear are you on how you’re going to get there?  

And, how confident are you that strategy will work?

Strategy-Puzzle

Components

Strategic Piece Foundations Components
  • Clarifying purpose and mission
  • Crafting a vision statement
  • Defining corporate goals and objectives
  • Identifying assumptions and strategic options
  • Selecting a preferred strategy that includes appropriate optionality
  • Establishing review and adjustment processes

Deliverables

Strategic Piece Foundations Deliverables
  • Purpose, mission, vision statements
  • Corporate objectives
  • Strategy with stated assumptions
  • Optionality for when things get off track
  • Strategic review process

Signs You Need To Work on Strategy

SP Orange Warning-Computer_240px

If you don't have a clearly articulated strategy.

Or, if you have a strategy, but lack:

  • A defined destination (i.e. mission and vision)
  • Confidence in the plan
  • Alternatives for when things don't go to plan
  • Documented assumptions that you and your team have baked into the strategy

Resources

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