Common mistakes defining strategies Corporate Strategy: There are some firms that create the corporate strategy but they do not drill down to the other strategic levels. If we do not cover the three levels, most likely execution will fail. We can…
From Strategy to Execution: Strategic Themes and Initiatives
We have to stress two concepts from the turnaround point of view. Strategic themes is an important concept because means identified the key process, I mean the leverage process that are going to produce the expected turnaround results. The second concept…
Mission: Business Strategy Focus On Turnaround Processes
Mission: If we ask the Managing Committee the six basic questions for Mission Definition (and the answers match with the reality), we would probably discover any of the following problems: Market: Selling to companies of many different industries, sizes, and so…
Strategic Focus: The Value Disciplines
From the supply chain point of view is very important to have a clear strategy definition because each value discipline means a different and almost incompatible supply chain. For example, customer intimacy strategy would likely push a company to create “important”…