Hope is Not A Strategy
a) LEARNING SESSION - 1 DAY
The word ‘Strategy’ is often used interchangeably for plan/tactic. It is important to define strategy and differentiate it from it’s pseudo conceptual relatives.
WE DEFINE STRATEGY AS:
Result of choices executives make, on where to play & how to win, to achieve a sustainable competitive advantage.
Strategic Actions Framework
Able to define what is strategy and differentiate it from plan/tactics
Articulate the long term objectives of the organization and craft a strategy to achieve them
Deploy strategic analysis tools to identify areas where you can gain competitive advantage
Craft strategic actions framework to build a competitive advantage
Communicate with clarity the strategy action framework
Sketch a plan to maintain the competitive advantage using customer-competitor-industry framework