Strategy Development
Strategy is the answer to the questions WHY, WHY and HOW business will develop in the near future
Every decision of the management team either helps the company achieve its strategic goals or leads away from them. How can a business find the path that will lead to achieving strategic goals faster and with the greatest effect? How to rationally use available resources? A clearly written strategy, developed by our experts together with the management team, will help guide the company's efforts in the right direction.
In what situations is it necessary to develop a strategy:
KEY GOALS OF THE STRATEGY DEVELOPMENT PROJECT
IT IS IMPORTANT
When implementing the project, the author’s methodology is used, which has been proving its effectiveness for more than 15 years - during this time, about 150 companies from 10 countries have successfully implemented projects to develop and implement a strategy under the leadership of Alexander Pankov. The expert outlined all the approaches and tools of this technique in the book “Labyrinths of Strategy. 8K", published by the publishing house "MIF".
A step-by-step algorithm for developing your business strategy:
1
Forming an image of the future of the company
- What do business owners expect from the company’s development in the future? We are compiling a list of the main “wants”.
- We describe the key guidelines, limitations and risks that need to be taken into account when developing a strategy.
2
Strategic sessions “Current state of business”
- We describe the current state of business
- Determine what its strengths and weaknesses are
- Analyzing the dynamics of key indicators
- We collect and analyze internal business problems
3
External field analysis
- Competing companies
- Partnerships
- Main suppliers
- Related markets and substitute products
- Key trends/trends by country and industry
4
Strategic sessions “Formation of alternatives”
- We describe options for business development, taking into account the opportunities and limitations described earlier.
IMPORTANT!!! Create not one, but several alternatives to the current development of the company.
5
Strategic Analysis
- We calculate financial and marketing business models for each option.
- We are exploring opportunities, risks and limitations.
6
Strategic sessions “Choosing a strategy”
- We choose the path of business development taking into account the analysis of all alternatives.
- We describe the strategy - what we focus on, what goals and objectives we set for ourselves.
- We formulate functional strategies (for individual divisions) and compile a list of strategic initiatives.
7
Strategic sessions “Implementation and implementation of strategy”
- We translate the strategy and previously described strategic initiatives into an action plan.
- We form and approve teams, with each area of responsibility for solving problems.
- We form the necessary budget.
- We determine ways to control the implementation and implementation of the strategy.
- We determine under what conditions and how we will make adjustments and revise the strategy.
8
Approval of the strategic action plan
The strategy development team confirms its readiness to begin its implementation.
9
Transition to strategy implementation
Let's start implementing the strategy.
In the process of our interaction, we use various forms of work:
Interviewing top managers of the company
Desk work with analytics
Conducting strategic sessions with the involvement of key employees
Working groups
OUR EXPERTS
Alexander Pankov
Chairman of the Board - A.maze.S
Expert on Strategic Management
Management Consultant
What role do external consultants play in the project:
- develop scenarios for strategic sessions, prepare technical specifications for the strategy development project
- organize, lead and control the implementation of the strategy development project at each stage
- determine the most suitable methods and tools for a particular company
- conduct strategic sessions
- ask questions for clarification and understanding
- act as facilitators, lead the development team to a common vision, develop the final concept, taking into account the issues discussed and decisions made
- provide an expert opinion on the results of the project
- assess the competencies of the management team
- prepare a final report on the implementation of the project
As a result, the company receives:
- Document “company strategy until the year XXX“
- Stages of strategy implementation
- Action plan for implementing the strategy for the coming year
- List of Priority Strategic Initiatives
- Possible risks of the implemented strategy
- Criteria for making changes and amendments to the strategy
- Consultant recommendations for strategy implementation
In the future, our team is ready to support you in launching the implementation of your strategy.
We offer the following services:
- facilitation of intermediate strategic sessions that are held during the implementation of the strategy
- organization of strategic development committees - in order to control the implementation process
- leading strategic groups at the initial stage of the project
- formation of an organizational structure for strategic goals and objectives
- increasing the level of competencies of the management team in accordance with strategic changes
DEVELOP A STRATEGY
TO ACHIEVE BUSINESS GOALS
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