Involving the key people in your organisation in the strategy development process by obtaining information about your business and its future is a critical part of building a strong strategy. We will work closely with you and your team to understand your business and your vision for its future. This helps us to gain a clear understanding of where your business is today, where it will be in the future and what may get in the way.
To do this, we have developed, in conjunction with leading practitioners in the field, specialist strategy development tools and techniques that help organisations to manage the development of strategy more effectively and with better results. It is a highly participative approach to strategy development which works from ideas generation to the development of strategic options and even managing the activities that help attain your organisation’s goals and objectives
Emphasis is very much placed on consensus rather than compromise. This increases the chances of building a strategy that works for the business. In addition, decision making is improved in the organisation though creating an increased awareness of all of the issues, activities, goals and objectives.
The key to the successful development and implementation of business strategy can be found in the management of the following key components.
1
Decide Who Should be Involved
The strategic making process will involve key people in the organisation who have an interest in or input to the strategic future of the organisation.
2
Obtaining Strategic Information
The information used in the strategy creation process is obtained from the key people in your organisation in one of two ways – strategic interviews and/or strategy workshops.
3
Capturing Strategic Data
The information we gather in phase 1 is linked to create a causal maps which adds context to the content. This is a critical factor in clarifying what people say and also when analysing the data.
4
Analyse the Strategic Data
The purpose of the analysis of the strategic data is to identify the main building blocks of the strategy model – key activates, outcomes, objectives and goals. We use this information to build a robust Strategic Plan for the business.
5
Create the Strategy Model
We use the information obtained from the analysis of the strategic data to create structured strategy model by linking activities to objectives, to goals and to aspirations, allowing the strategy group to visualise the strategic options.
6
Refine the Emerging Strategy
Once the strategy model is created, the next step in the process is for the strategy group to review the emerging strategy and continue to develop and refine it until consensus about the way forward for the business is agreed.