"If the answers to ‘future’ questions are not significantly different than the ‘today’ answers, there is little chance that a company will remain a market leader."
-Gary Hameland, C.K. Prahalad, Competing for the Future, 1994
Developing High-Performance Strategy
Competing to Win
Laying the foundation for tomorrow’s success while competing to win today
Most organizations face stiff challenges in today’s marketplace. Changing demographics, new technologies, aggressive competition, and sophisticated consumers demand that organizations change the way they do business or face extinction.
Too many organizations respond to these challenges by trying to do what they have done in the past. Those that thrive welcome change and renew themselves by aligning with current and future realities.
Core Strategic Decisions
Strategy is defined as the way an organization meets the challenges and opportunities presented by its environment. It consists of a set of conscious choices about how it will deliver value to its customers and distinguish itself from its competitors.
By participating in this program, you and members of your organization will:
- Understand the challenges and opportunities present in your external environment.
- Identify assumptions about the future.
- Clarify a reason for being that motivates and inspires.
- Identify the principles by which people will conduct themselves.
- Define your future customers and how you will deliver value to them.
- Identify core organizational competencies needed to succeed in the long run.
- Create a long-term business focus and anchors that distinguish you from your competitors.
- Set short-term performance goals.
- Establish performance initiatives and a master plan to manage your organization’s long-term development.
An Imperative
Formulating a clear and compelling strategy is among the most important work that leaders of an organization can accomplish. It is not something that would be nice to do when they have more time, but is essential to their survival.
The program can be delivered in a modularized format (2 1/2-to-3 hour sessions spaced over time) or in a 2 1/2-to-3 day format. It usually involves not only the leaders of the organization but also other key people representing a cross-section of all employees.
Modules
- Overview of Strategy
- Analyzing the Business Environment
- Forecasting the Future
- Creating Core Ideology
- Defining Your Strategic Direction
- Defining Your Competitive Advantage
- Setting Goals
- Creating a Master Plan
Call 504-491-4069 or email us for more information.