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What is Competitive Analysis? Competitive Analysis: A Practical Guide for Strategy Projects What is Competitive Analysis? Competitive Analysis is a structured framework that enables organizations to evaluate their position in the market by assessing competitors strengths, weaknesses, strategies, and performance.
What is Competitive Landscape Analysis? Competitive Landscape Analysis: A Practical Guide for Strategy Projects What is Competitive Landscape Analysis? Competitive Landscape Analysis helps organizations: Identify industry trends Understand where the market is heading and how to adapt.
What is Kotler’s Pricing Strategy? Kotler’s Pricing Strategy: A Practical Guide for Strategy Projects Kotlers Pricing Strategy , developed by Philip Kotler , is a comprehensive framework that helps businesses determine the most effective pricing model to maximize revenue, market share, and competitive positioning.
Gap Analysis: A Practical Guide for Strategy Projects Gap Analysis is a structured framework used to evaluate the difference between an organizations current performance and its desired future state. Drives innovation and competitive advantage Identifies opportunities for differentiation and growth.
Speaker: Cheryl Perkins, Founder and President, Innovationedge
Companies these days cannot afford to stand still! Cheryl Perkins, Founder and President of Innovationedge and a visionary business leader, will share best practices of companies who are defining and implementing new business models. These models are used to create new pathways to value and deliver growth in today’s business climate.
What is Hambrick & Fredrickson’s Strategy Diamond? Hambrick & Fredrickson’s Strategy Diamond: A Practical Guide for Strategy Projects Hambrick & Fredricksons Strategy Diamond is a comprehensive framework that helps organizations define and communicate their strategy clearly.
Ohmae’s 3Cs Model: A Practical Guide for Strategy Projects The 3Cs Model , developed by Kenichi Ohmae , is a strategic framework that helps businesses achieve a sustainable competitive advantage by focusing on three key stakeholders: Customer, Company, and Competitor. Develop strategic responses to outperform competitors.
Porter’s Diamond Model: A Practical Guide for Strategy Projects The Diamond Model , developed by Michael Porter , is a strategic framework that helps businesses and policymakers understand the factors that influence a nations competitive advantage. Identify competitive advantages based on local conditions.
Kays Distinctive Capabilities Framework: A Practical Guide for Strategy Projects Kays Distinctive Capabilities Framework , developed by John Kay , is a strategic model that helps organizations identify and leverage their unique competitive advantages. Develop strategies based on strengths that competitors cannot easily replicate.
Speaker: Magnus Penker, CEO & Founder, Innovation360 Group
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Value Disciplines Model: A Practical Guide for Strategy Projects The Value Disciplines Model , developed by Michael Treacy and Fred Wiersema , is a strategic framework that helps organizations identify and pursue a distinctive competitivestrategy. Strengthening competitive differentiation in the market.
Hedgehog Model: A Practical Guide for Strategy Projects The Hedgehog Model , developed by Jim Collins in his book Good to Great , is a strategic framework that helps organizations find their core focus and achieve long-term success. What You Are Deeply Passionate About Aligning strategy with the companys vision and values.
GE McKinsey 9-Box Matrix: A Practical Guide for Strategy Projects The GE McKinsey 9-Box Matrix is a strategic portfolio management tool that helps organizations assess and prioritize their business units, product lines, or investment opportunities. Identify high-potential business units and prioritize growth strategies.
Five Forces Model: A Practical Guide for Strategy Projects The Five Forces Model , developed by Michael Porter , is a strategic framework that helps organizations analyze the competitive forces shaping an industry. It provides a structured approach to assessing market dynamics, competition, and profitability potential.
Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.
Mullin’s Seven Domains Model: A Practical Guide for Strategy Projects The Seven Domains Model , developed by John Mullins , is a strategic framework designed to help entrepreneurs, business leaders, and investors evaluate the viability of a new business venture or strategic initiative. What is Mullin’s Seven Domains Model?
Core Competence Analysis: A Practical Guide for Strategy Projects Core Competence Analysis is a strategic framework used to identify an organizations unique strengths that provide a competitive advantage. Core Competence Analysis helps organizations: Identify what truly differentiates them Avoiding generic strategies that lack impact.
Triple Bottom Line: A Practical Guide for Strategy Projects The Triple Bottom Line (TBL) is a strategic framework that expands the traditional measure of business success beyond financial performance. A well-implemented Triple Bottom Line strategy helps organizations: Balance profitability with social and environmental impact.
First Mover Advantage: A Practical Guide for Strategy Projects First Mover Advantage (FMA) is a strategic concept where a company gains a competitive edge by being the first to enter a new market or introduce a groundbreaking product or service. What is the First Mover Advantage? Create barriers to entry for competitors.
Why do only a third of the organizations worldwide have formal innovation metrics in place despite accepting that innovation is critical to survival? Download this eBook to learn about the 5 basic principles that guide every successful innovation process.
McKinsey 7S Model: A Practical Guide for Strategy Projects The McKinsey 7S Model is a strategic framework developed by McKinsey & Company to help organizations assess and align their internal structure and processes for maximum effectiveness. Staff The workforce, including hiring, development, and retention strategies.
Critical Success Factors: A Practical Guide for Strategy Projects Critical Success Factors (CSFs) are the key areas of performance that are essential for an organization to achieve its strategic objectives. These factors determine whether a business succeeds or fails in its industry and serve as a foundation for effective strategy execution.
What is OGSM Strategy Framework? OGSM Strategy Framework: A Practical Guide for Strategy Projects The OGSM Strategy Framework (Objectives, Goals, Strategies, and Measures) is a structured strategic planning tool used by organizations to clarify vision, set priorities, and ensure execution.
What is a Strategy Uncertainty Map? Strategy Uncertainty Map: A Practical Guide for Strategy Projects A Strategy Uncertainty Map is a structured framework used to assess and manage uncertainties that could impact an organizations strategic decisions. Improve risk management Minimize exposure to critical threats.
SWOT Analysis: A Practical Guide for Strategy Projects SWOT Analysis is a strategic planning framework used to evaluate an organizations internal strengths and weaknesses as well as external opportunities and threats. The acronym SWOT stands for: Strengths Internal capabilities that provide a competitive advantage.
Scenario Planning: A Practical Guide for Strategy Projects Scenario Planning is a strategic methodology that helps organizations anticipate and prepare for potential future uncertainties. A well-designed scenario planning process ensures that companies: Identify key uncertainties and their potential impacts. What is Scenario Planning?
Benchmarking Analysis: A Practical Guide for Strategy Projects What is Benchmarking Analysis? Benchmarking Analysis is a structured framework designed to help organizations evaluate their processes, performance, and strategies against industry best practices and competitors. What is Benchmarking Analysis?
Balanced Scorecard: A Practical Guide for Strategy Projects The Balanced Scorecard (BSC) is a strategic management framework that helps organizations translate their vision and strategy into measurable performance objectives across multiple perspectives. Lead Successful Strategy Projects!
What is a Go-to-Market Strategy? Go-to-Market Strategy: A Practical Guide for Strategy Projects A Go-to-Market (GTM) strategy is a structured plan that defines how a company will introduce a product or service to the market, attract customers, and achieve a competitive advantage.
CAGE Distance Framework: A Practical Guide for Strategy Projects The CAGE Distance Framework is a strategic tool that helps organizations assess the challenges and opportunities of international expansion. A well-implemented CAGE Distance strategy helps organizations: Identify risks and challenges in international markets.
SMART Metrics: A Practical Guide for Strategy Projects SMART Metrics are a structured approach to goal setting and performance measurement that ensures objectives are clearly defined, actionable, and measurable. Encouraging data-driven decision-making Helps companies refine strategies based on real-time insights.
Unique Selling Proposition: A Practical Guide for Strategy Projects A Unique Selling Proposition (USP) is a distinct and compelling reason why a customer should choose a product or service over competitors. A strong USP should be: Unique Differentiating the company from competitors. Lead Successful Strategy Projects!
What is a Strategy Map? Strategy Map: A Practical Guide for Strategy Projects A strategy map is a visual representation of an organizations strategic objectives and how they interconnect across different business functions. A strategy map helps organizations: Translate strategy into actionable goals.
Contingency Planning: A Practical Guide for Strategy Projects Contingency planning is the process of proactively preparing for potential risks, disruptions, or crises that could impact an organizations operations, strategy, or financial stability. Develop response strategies to mitigate or recover from those risks.
Key Performance Indicators (KPIs): A Practical Guide for Strategy Projects Key Performance Indicators (KPIs) are quantifiable metrics that measure an organizations progress toward achieving strategic objectives. Unlike general business metrics, KPIs are specific, goal-oriented, and aligned with an organizations strategy.
Objectives & Key Results (OKR): A Practical Guide for Strategy Projects Objectives & Key Results (OKR) is a goal-setting framework used by organizations to define clear objectives and track measurable results. Align teams with the companys strategic priorities. Lead Successful Strategy Projects!
Strategic Goals: A Practical Guide for Strategy Projects Strategic goals are long-term, high-level objectives that define the direction of an organization and guide decision-making. These goals align with the companys vision, mission, and values and provide a roadmap for achieving sustainable growth and competitive advantage.
Defining Your Business Strategy Think of your business strategy as your GPS, directing you to your future success. It hammers out who you are, your dreams, and what’s at the core of your company. Here’s how to get your strategy in tip-top shape: Mission Statement : What’s your reason for waking up every morning?
Benchmarking is a strategic process that involves measuring an organizations performance, practices, or processes against industry leaders or top-performing companies. Benchmarking is not about imitationits about learning from others to accelerate progress, improve competitiveness, and inform strategic decision-making.
I've been asked several times lately to write about, or perhaps more specifically, to opine about, innovation strategy. If you are a somewhat regular reader of this blog or my work generally, you may know that I think talking about innovation strategy conflates two very important ideas that are related but not the same thing.
Each phase reflects different levels of growth potential, innovation activity, and competitive pressure. It helps companies plan for the future instead of reacting to disruption when it’s too late. The framework supports innovation projects by: Highlighting when incremental improvements will no longer yield competitive advantage.
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In todays competitive market, companies must ensure that they are investing in ideas that meet real customer needs and expectations. Ensuring that test objectives align with overall business and marketing strategies. The concept is competitive and meets market demands. Lead Successful Change Management Projects!
It enables organizations to assess when to scale, improve, or replace existing technologies, ensuring they allocate resources efficiently and maintain a competitive edge. Technology Life Cycle in Business Strategy Managing technology effectively is crucial for sustained innovation and market leadership.
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