Blog Posts

Monthly Posts for: ‘February, 2016’

Strategy maps need a clear and explicit Business Model

Working with a client last year I placed a draft strategy map on the wall. Actually I placed their business model so that they could start to develop their strategy over the top of their business model, once we had the business model correct.  The reaction from the Managing Director was “Ah ah, that is really useful – I can …

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First choose your approach to strategy, then choose your strategy

In the world of strategic thinking and models there are many ways to think about strategy: but there are also several levels.  In this post I want to explore three levels or dimensions. Let me take a simple example.  Some people are quite keen on the Michael Porter model of three ‘Generic Strategies’, in a two by two matrix:  One …

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Ten heresies about strategy communication

Crimes committed whilst Communicating Strategy During the initial research for my book, “Communicating Strategy” I found a web site that suggested: “You should not communicate your strategy, as it will leak your strategy to the competition”. I was incensed by this idea, because, as you will know: If your strategy is so unsustainable that your competitors can simply copy it …

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Decision making and diagnosis: A cautionary tale from a management team

In our six stage decision process the decision framing or situation diagnosis stage is one that is easily stepped through too quickly.  A move that can be disastrous.   A recent client experience highlighted for them, and me, the importance of this stage. Working on the strategy with an experienced management team, we were discussing how new technology companies were stepping …

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Levels of decision – potholes on the decision making road

One of the components of good decision-making is to recognise the level of decision you are dealing with, and particularly levels of sub-decisions, within a decision.   In this article we are going to explore ‘Level 2 decisions’ that sit within a top-level decision. An example will illustrate level 1 and level 2 decisions. One client was an industry research body …

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