Formats and Editions of Making sense of strategy 5 potx
Formats and Editions of Making sense of strategy_1 doc
... enemy off balance and sets you up
for the big hit.
14 making sense of strategy
BEATING THE ODDS
Business is always a gamble. It involves a lot of guesswork. There are few cer-
tainties and many ... into action that people laugh them off and keep busy with stuff
that really matters. But worst of all, this stop-start, quantum-leap approach
16 making sense of strategy...
Formats and Editions of Making sense of strategy_2 potx
... customer’s perception of value.
3. Simultaneously drive down the cost of doing it.
26 making sense of strategy
Figure 2-1 The First Principles of Business Competition are Focus, Value, and Cost. They ... together.
FACILITATORS
CUSTOMERS
SUPPLIERS
COMPETITORS
INFLUENCERS
COMPANY
32 making sense of strategy
What’s more, since innovation comes from many places, it brings...
Formats and Editions of Making sense of strategy_3 potx
... other hand, you’ve hit a bad
patch, you need to deal carefully with the climate, or you could make things
38 making sense of strategy
Strategy and spirit are two sides of the same coin—yin and yang. ... making it happen.
They must overcome all sorts of obstacles, cope with disappointment and fail-
ure, press on in the face of adversity and disappointment, and find ne...
Formats and Editions of Making sense of strategy_4 potx
... see
your own organization.
Ability #1: Strategy making. “Do we understand our challenges and do we
have a clear view of how we must respond?”
52 making sense of strategy
Here are the critical questions ... process.
Assumption #3 The First Principles of Business Competition are manda-
tory. Every company must (1) focus its resources, (2) drive
concepts 49
56 making sense...
Formats and Editions of Making sense of strategy_5 potx
... That way, analysts and other impor-
tant outsiders will know what you mean. (And you’ll know what you mean!)
58 making sense of strategy
No risk, no reward.
create a “tight” model and at the same ... do, and how will we make it happen?
5. How will we win the support of our stakeholders?
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Figure 3-4 Five questions give you a framework for th...
Formats and Editions of Making sense of strategy_6 ppt
... PARTNERS—All stakeholder relationships.
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Every company has too much to do and too few
resources. So you have to make choices and tradeoffs.
You have to say “no” to many attractive ... TAKE?
WHAT MUST WE
DO WITHIN 30 DAYS, AND
WHO IS RESPONSIBLE?
78 making sense of strategy
Most executives are horrified at the idea of 30-day planning cycles. “...
Formats and Editions of Making sense of strategy_7 doc
... attention and imagination, and how will
we reach them?
5. 1. Whom must we talk to?
5. 2. What do they need to know?
5. 3. How can we reach them?
5. 4. How should they respond?
86 making sense of strategy
process ... questions.
Hard decisions. Hard work. And the 26 letters in the alphabet are all you have
to work with.
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5. How will we win...
Formats and Editions of Making sense of strategy_8 ppt
... in, 51 ,
55 57 , 62, 64–66, 68–70,
74, 76, 85 87
strategy
assumptions about,
49 50
as change management,
40–42
and spirit, 35 39
strategy making (as ability),
52
strategy pyramid,
62–63
success
and ... of business
arena, 58 , 60
and definition of business
recipe, 65 66
and definition of purpose,
63–64
evaluating results of,
77–79
and future uncertainty, 57 ,...
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Fig. 3. Sequences an...
Making Sense of Strategy (2001)
... impact you want.
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34 making sense of strategy
2. Acquire or build key resources—both “hard” ones like cash, raw materials,
components, and so on and “soft” ones like skills, ... customer’s perception of value.
3. Simultaneously drive down the cost of doing it.
26 making sense of strategy
Figure 2-1 The First Principles of Business...
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