Although it is common to distinguish strategy development from strategy implementation, it is not generally advisable to develop strategy first, then switch to implementing it. Not only is it impossible to know everything in advance but conditions continue to change as events unfold.
Briefing / Strategy
Posted on:
Strategy Dynamics Briefing 66: Designing a path to success
The broad choices of strategic ‘positioning’ for the brand in briefing 65 were already made. We know who we want to serve — the 3 million potential consumers. […]
Briefing / Strategy
Posted on:
Strategy Dynamics Briefing 65: Evaluating strategic opportunities
We have previously laid out a rigorous, logical description of an organization as a system of tangible resources that enable pursuit of its purpose by supporting each others’ development. The strategic architecture is, if you like, “the machine” designed for that purpose, so this question is effectively whether it is possible for that machine to exist at all.
Briefing / Strategy
Posted on:
Strategy Dynamics Briefing 64: Types of strategic decision
The briefings to this point have set out the main dynamic structures that determine organizations’ performance. The next few briefings examine how decisions steer those structures and how to design policies (decision-rules) that can build and sustain the resources required for strong performance.
Briefing / Strategy
Posted on:
Strategy Dynamics Briefing 63: Rivalry example – low-fare airlines
Many airlines struggle for profitability because fares are so transparent and customers can so easily switch. Only the limited number of services that less busy travel routes can support limit this otherwise frictionless movement of customers’ choice. The customer rivalry frameworks from briefings 50-53 are therefore directly applicable to airlines…