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The ability to take action in business
is important. Even more important is the ability to think:
To think about the action we can take that will maximize the
odds of success and allow us to make best use of our time,
talents and the opportunities that lie before us. Action (no
matter how much of it there is) not based on good thinking
is likely, at best, to be inefficient and could even be counter-productive.
Looking at things from this angle, it becomes clear that a
well thought-through strategy is essential for any business
serious about growing and excelling long-term.
Put simply, strategy is a process for thinking
clearly and systematically about the business. It is about
identifying the big questions that need to be asked, and building
them into a process that ensures that they get asked often
enough of the right people, and that positive action takes
place as a result. With such a strategy process in place we
can have some comfort that we will not miss any major opportunities
to benefit from our strengths, and will not be blindsided
by threats that could have been foreseen.
Relying on a ‘master-plan’ reviewed
and revised annually would be an unwise risk in a complex
and fast-moving world of ever-changing opportunities and threats.
This not only makes it likely that we will get caught out,
missing chances or suffering avoidable problems, it also marginalizes
strategy as an occasional, peripheral, disconnected activity,
making it more likely that we will reject the whole concept
of strategy, which will simply further increase the odds of
flying partly-blind, and so increase unnecessary risk, causing
a descent into a downward spiral of self-perpetuating mediocrity.
To gain the most from it, strategy is best seen as a flexible
and continuous process and an integral part of the business.
This allows strategy to evolve gradually over time, rather
than being a series of reactionary step-changes. The approaches
we offer help build strategy into the fabric of the business,
establishing it as a habit and practice.
Typical programme structure and features
We tailor our programs to meet the unique
circumstances and needs of each client. We use the model below
as a broad guiding structure
Within
this, elements might include:
- Establishing
the vision: A series of exercises, activities and
discussions to help the business get a sense of its potential
and what it could become, and set out an exciting, and ambitious
but achievable future vision that people will be inspired
to work toward
- Establishing
current position: A series of exercises, activities
and discussions to help the business understand where it
is now, against a range of key factors. Various business
models and strategic analysis tools are used to build a
full and balanced picture of where the business intends
to go and how it intends to get there.
- How:
Exercises to pull all the threads of the discussions about
current position and future goals into a coherent strategic
plan, setting out broad directions and specific actions
and timescales.
- Review:
Developing an approach for ongoing review of strategy on
two dimensions; tracking of progress and reviewing the continued
relevance of the strategy.
We help you establish the strategy process
so that it becomes, essentially, self maintaining. We can
also help facilitate sessions periodically thereafter, as
having someone external can help bring perspective, balance
and structure to the sessions. |
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