Can you say what your strategy is? - Coggle Diagram
Can you say what your strategy is?
Executives cannot articulate the objective, scope, and advantage of their business in a simple statement.
Elements of a strategy. What goes into a good statement of strategy?
What Is Strategy?
Lays out the characteristics of strategy in a conceptual fashion
Conveying essence of strategic choices and distinguishing them from the relentless.
With a clear definition, through two things happen:
First - formulation.
Second - implementation.
Elements of a Strategy Statement
Identified three critical components of a good statement:
Defining the Scope
Firms encompasses three dimensions: customer or offering geographic location.
Define the advantage
1.- Customer value proposition
2.-Activities to deliver customer value proposition.