Submitted by: Submitted by scgrayson09
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Category: Other Topics
Date Submitted: 09/23/2013 01:41 PM
Vision – Core driving idea for the future
Strategy
Unique Value
Proposition
Profit Proposition
Structuralist or Reconstructionist
1. What are the structural conditions in which the organization operates or will operate? (Is it an attractive industry with little entry barriers?)
2. What are its resources and capabilities? (What does the organization have in its tool box?)
3. What is the organization’s strategic mindset? (Is it an innovative, risk taking rganization?)
Culture
Develop and maintain a performance-oriented ethical culture.
Recognize and directly reward people’s achievements in contributing to the vision and give them opportunities to use their talents.
State vision and values in clear language and demonstrate them with concrete actions.
At least two:
(hold on to talented employees)
(foster a culture of innovation)
(Recruit and keep great leaders)
(Build value added partnerships
Execution
Develop and maintain flawless operational execution
How you execute is what matters
Be realistic
Don’t strive for perfection in every facet of operations
Focus on the most important operations that adds the most value for the customer
Develop and maintain flawless operational execution
How you execute is what matters
Be realistic
Don’t strive for perfection in every facet of operations
Focus on the most important operations that meets the customer’s needs
Structure
1. Build and maintain a fast, flexible, flat organization.
2. Structure should simplify the work.
3. Trim unnecessary bureaucracy
4. Simplify structures and processes.
5. Constantly work on simplification.
Building assets, competencies and resources that further deepen your competitive advantage!
Requires Focused Patience!
Foundations of Strategic Thinking
What is strategy?
A company’s efforts to develop/maintain a sustainable competitive advantage.
The development and alignment of the...