Building a Business Strategy
Clear and specific recommendations: what and in what sequence needs to be done to develop an effective business strategy.
Getting to the development of strategies
Organization strategy - c where to start?
Materials and documents for the preliminary diagnosis
What is the strategic interviews and how it works
What should be done at the first meeting with experts of the company?
Who carried out the strategic interview?
Future development projects and their role in the development of strategies
The working groups as a way to escape from the routine and do last strategy
How to set the task of the working group?
Strategic sessions - a strategy in a nutshell
The work plan during the startup phase of the project and the initial diagnosis
Components of a strategic analysis: internal and external factors
Why this analysis: core competencies and strategic issues
The specifics of strategic analysis
Where, as a rule, is a source of competitive advantage
Weaknesses of the company: how to detect them?
Characteristics of Business Models
What is important to analyze the weaknesses of the company?
Weaknesses are identified, what next?
Formulation of the key issues of domestic companies
Formulation of strategic alternatives
How to describe the alternatives?
Matrix approach to the formulation of alternatives
The method of strategic issues
Approaches from "opportunities"
The choice of strategic alternatives: the logic and presentation
How to compare alternatives and select a strategy
Communication with the aim of the company
How to summarize and formalize the decision
The work plan during the development of strategic alternatives and the choice of strategy
Self-test: whether we have made a good decision?
Strategic funnel - a tool of analysis of alternatives
Typical errors in strategy development
Implementation of the strategy
Typical problems in the implementation phase
Mechanisms for implementing the strategy
How to create a company's readiness to change?
Develop business strategies
Typically, when you start talking about strategy, there is almost irresistible temptation to rely on the classics and to arrange for a tour of the reader into the depths of the different strategic schools. Some of the most zealous manage to get to the Chinese general Sun Tzu. I do not want to do it. Very often, the results of superficial acquaintance with the deepest well of wisdom, a sense that corporate strategy - a thing very dark and difficult, though, probably, and useful. And it no doubt is left that on their own to develop a really useful and working for the company's strategy is impossible. I want to show that it is not that the strategy of the company - a convenient and intuitive tool that does not contain any deep secrets and it is available for use. I want to travel with you at all stages of policy development, to show how various companies with whom I come across, find effective approaches to strategic issues. Another expected result should be seeing the emergence of a "strategy as a whole" - where does it come, as both developed and implemented.
Entry
While working for almost ten years in the field of strategic management, I am convinced that most problems occur during conversion of general theoretical knowledge in a real and effective strategy. It seems, from the standpoint of methodology, everything is quite clear: there are several well-publicized strategic management tools, such as the Boston matrix (BCG) - one where the "stars", "cow", "difficult children", etc., is SWOT-analysis , the matrix of the competitive strategies of Porter and Methods "objectives tree". These tools are really useful, effective, and facilitate the work of the strategist, but like any other, they should be able to use, you must clearly see when they really need, and when simply to do without them.
As a rule, any beginner an expert in the field of strategy goes a few steps. Incidentally, I was no exception. I remember the first impression was very close to the shock - struck by the magnitude of the task and responsibility, non-obviousness approach to it and thought about what is "the great guru strategies" that can easily handle it, but I have to go to their stratospheric levels . As the accumulation of practical experience and knowledge of luggage came another sense: it is simple! We must follow the instructions, and the result will certainly be achieved. This, in my opinion, the most dangerous stage. Very high risk of hang on it and start to give a simple, rapid and irregular solutions. Examples of these formal strategies darkness, and I'm not going to specifically dwell on them in the introduction.
The next important step in the development - understanding that the standard recipes over and over again and really sum up effective strategies are usually beyond them.
From this point begins again the search for effective approaches to developing a strategy, but on another level of quality awareness. The main problem here may be a trivial lack of practice. Typically, the strategic kitchen is hidden from prying eyes, and companies often have to learn from their mistakes.
The position of consultant offers significant advantages: allows you to take part in the development strategies of different companies from a wide range of industries, to work directly with top managers and owners of these companies, which are usually unique personalities, summarize and compare the experience. The results of this generalization, I would like to present in this book.
In my opinion, to develop a really good strategy can be divided into two main components: the expert, which determines the quality of the studies, the depth of developed alternatives and selection of the correct path of development, and process. Under a process component, and I understand the organization of the process of strategic research, and involvement of specialists in the company's strategy, and motivate top management to achieve strategic development objectives. If we neglect the part of a process development strategy, the result is likely to be a voluminous document, which for many years will decorate a shelf in the office of Director General, because hardly anyone will use this "labor" and, therefore, its safety not in danger.
The alternative is also found: the company formulates a strategy encouraging managers and decisively moves ... in an unknown direction. Well, if it does not lead to substantial losses. But as a rule, if it happens with small companies, they simply no one else hears. The share of multinational corporations (and this error is not alien and they) are more enviable. These stories are decorated books on management. What I mean more specifically? For example, the story of the satellite communications system Iridium, which I discuss in this book.
I would like to review the result with the book was to build a bridge from the theoretical knowledge to actual working strategy. I tried to tell as much as possible about each step along the way, show the main challenges to be faced, and how to deal with them by other companies.
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