Develop and execute successful strategies

Nearly 70% of corporate strategies are either not implemented or they don’t work. This is because “strategy” is still done quite badly in most companies. This presentation and workshop highlights the three key disciplines required to ensure a strategy is correctly formulated and implemented.

Using the “strategic drive chain” developed by Pete Laburn, we bring together the three different disciplines typically associated with strategy development.

1. Strategic Analysis/Development, championed by Michael Porter, is where it starts: understanding the competitive landscape and your potential competitive advantage. Learn the keys to successful analysis of the situation you face.
   
2. Strategic Planning, which involves working out the details of how to get where we want to go. The only strategy you will implement is the strategy you’re capable of implementing, so it is vital to consider leadership, stakeholders, capabilities and operations.
   
3. Often the missing element of a strategy session, Strategic Intuition is where the creative idea for what to do actually comes from. Instead of waiting for a flash of inspiration or hoping for the best with a creative think tank, use Strategic Intuition to predictably produce results that have the potential to revitalise and reinvent your business. This exciting new approach to developing strategic ideas is being pioneered by William Duggan of Columbia Business School.

TomorrowToday has assisted some of the world’s leading companies to ensure strategy is understood at all levels, and that companies develop and implement the creative ideas that will ensure their future success. Our team are preferred faculty on “Strategic Thinking” at various business schools, including the Gordon Institute of Business Science, Africa’s leading business school.

Formats

The session is best delivered as a workshop, over a full day or a day and half. Using appreciative enquiry and ParticiPlan processes, we take your team through a dynamic workshop. We show you the context in which you will be operating in the next 3-5 years, and help you develop a workable strategy to respond and take charge in your industry.

This session can also be delivered as a keynote presentation or strategic input at a strategy away day. This would be useful if you want your team to create a shared vocabulary for strategy development.

Take Home Value

By the end of the session, participants will understand the strategy development process, and be equipped to generate and deliver on strategies.

Download a summary of the slides

PDF versions of all of our presentations are available for download. Click here for the full list, and to download a summary of this presentation.

Links to resources

Our white papers library has numerous articles on strategy. The most important are:

• Why Strategies Don’t Work
  
• You Can’t Sit This One Out

• Generations in Crisis: How different generations will handle the financial crisis
  
• Who you are, not what you sell
  
• The Inconvenient Truth for Leaders

The TomorrowToday team writes regularly on all these issues on their blog. Click here to go directly to the appropriate category at ConnectionEconomy.com.

Book us

Book one of our world-class speakers and business experts for your next company event, team meeting, away day or company conference.