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Business Strategy development

Focus Growth

Ãœberschrift 1

Stirtec.jpg

Client

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In cooperation with

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IfM_Engage.png
The Client`s Challenge

  • Where should the company's business strategy target in the next 1-3 years to ensure strong growth?

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  • How can we consistently select in which new initiatives to invest in by especially considering our company strengths and weaknesses?

The process

2 full day intensive Strategy Development Process in a workshop format (face2face or remote), in collaboration with the University of Cambridge IfM experts. Participants and inputs from multiple disciplines and levels of the company.

UNDERSTANDING

Prep-work on the current business strategy, key drivers and constraints

DEEP DIVING

Full Day workshop on Stakeholder influence, product market groupings, competence mapping, SWOT, etc.

ENVISIONING

Half-day workshop to explore potential strategic options & defining the chosen future

ACTION PLANNING

Half-day workshop on identifying key projects to deliver clear objectives & defining timing, resource requirements and responsibilities

The Result

  • Using the Cambridge University / IfM strategy development method, for an internal and external analysis, several strategic options with growth potential were generated by the participants.

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  • The most promising strategic option is identified by considering both the organisation’s opportunities and resources.

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  • Efficient action plans were derived for translating the strategy into business results.

The Benefits

By the end of the process the Client had

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  • Gained clarity for the future of the business in only 2 days, by following a very efficient and effective approach to business strategy development.

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  • Built shared understanding on the company's strengths and weaknesses and shared focus, generated in unison by key internal stakeholders - participation generates long-term commitment.

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  • Identified a range of potential strategic futures and chosen the one they prefer.

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  • Selected initiatives of high potential, with their immediate action plans that can be launched right after the last workshop.

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  • Learned how to implement a repeatable methodology for exploring further business development and growth - we provide with the capabilities, not just one-time results.

We don't deliver one-off results, we teach skills!

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