Strategy as a System
At Stratega, we help organisations to reinvent themselves. In our last post we made the point that Strategy itself needs to be reinvented and we highlighted four key reinvention themes – integration, acceleration, valuation and realisation. In this post we address the first point, integration.
As anyone who has worked in the area of strategy knows, it has become increasingly fragmented with separate expert teams focusing on ever smaller parts of the overall value realisation process. Typically activities such as innovation or corporate venturing are distant from, and not connected with, the overall corporate strategy. Furthermore there is a lack of alignment and feedback across the ‘strategic value chain’.
At Stratega we believe that the entirety of the strategy process needs to be managed as an integrated whole; not as separate disciplines such as Design or Execution or Performance Management; not as separate organisational silos such as innovation or venturing. All elements should be managed in an end-to-end integrated framework so that Design naturally flows from a consideration of Purpose & Vision and Execution naturally follows the process of Strategic Choice. And the philosophy underpinning each step needs to be coherent and consistent.
At Stratega, we utilise a framework that we call our ‘Stratega Strategy System’.©
Like any good management tool, it is not ‘rocket science’, and its effectiveness is based upon its simplicity to implement. It consists of three main parts which, we believe, mirror the main parts of the current strategy universe namely (1) consideration of Purpose, Values, Vision & Impact (2) development of new market offers and management of a strategic portfolio and (3) realisation of strategic opportunities across all three horizons of Core Business, New Growth, and Exploratory Growth.
For more information on our integrated approach to Strategy, contact [email protected].
Stratega is a global Strategy Agency.
We help clients to reinvent their businesses. We develop new corporate-level strategies, we build new innovation platforms and we create and scale new ventures.
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