Yin-Yang of Strategic Management

Strategy Management  >>  3 Levels

Corporate Strategy  ●  Business Strategies

7 Routes to High Profits

Corporate Vision, Mission, Goals

Develop a Shared Vision

Competitive Strategies: 2 Types

Proactive Innovation  ●  Proactive Change

Business Portfolio Analysis

Create New Market Niches  ●  Strategic Flexibility

Create a GREATER Strategy with INNOBALL

Successful companies are those that focus their efforts strategically. Strategy should be a → Stretch exercise, not a fit exercise.

To meet and exceed customer satisfaction, the business team needs to follow an overall organizational strategy. A successful strategy adds value for the targeted customers over the long run by consistently meeting their needs better than the competition does.

→ Surprise to Win: 3 Strategies

Strategy is the way in which a company orients itself towards the market in which it operates and towards the other companies in the marketplace against which it competes. It is a plan an organization formulates to gain a sustainable advantage over the competition.

→ Competitive Strategies: 2 Types

The central strategic issue: why different companies, facing the same environment, perform differently.

Strategy answers the following questions:

• what are the sources of the company's → Sustainable Competitive Advantage?

• how a company will position itself against competition in the market over the long run to secure a sustainable competitive advantage?

• what are the key strategic priorities?

Strategy is an agreed-on guide to action that should lead business to success in the marketplace.

→ 3 Strategies of Market Leaders

Strategy formulation is the major task for the → entrepreneur and CEO, but it is the task of middle managers and → project managers to carry this strategy out and turn it into results.

→ Business Synergies Approach to Project Management