A well thought through strategy is an absolute essential in achieving corporate goals and objectives; and sustaining and growing a business.
Strategy formulation, simply put, is that process of developing the most appropriate and efficient course of action for the realization of your organization’s stated goals. However, a lot of organization’s struggle with this all-important area, resulting in a lot of otherwise brilliant business ideas realizing less than their potential.
We help you define a strategic vision anchored on your organization’s values and beliefs. We aim at building a strategy solution that is both practical and aspirational; clear in its objectives; carries its people along with it; a strategy that belongs to you. Our experienced service ensures you have:
For some, strategic planning involves a ‘once-in-a-year’ meeting which results in a report (which few ever read). Others think of it as market positioning, operational structuring or a business model development exercise. However, real strategy formulation is the selection of a distinct set of sustainable business practices and operations that when combined, will give the organization a sustainable competitive advantage in its chosen playing field. It is a way of approach the business world. It involves innovative ideas which serve as the core framework for the company and designing its future. Without this objective being met, a business has not carried out (or implemented) a good strategy.
The results of real strategic formulation are quite obvious:
- It establishes direction for the organization.
- It empowers the business leadership to make better decisions in the company’s interest
- It enables the organization to focus on what truly matters in its long-term interest
- It improves profitability
- It facilitates unique differentiation for the company, making it easy to avoid competitive convergence
- It increases market share
- It fosters increased motivation and job satisfaction within the organization