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[ Business Strategy ] [ learnppt.com ]

Business strategy

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Whether you're managing your own business or working for a Fortune 500 company, Business Strategy is integral to your company's success. More Info At : http://learnppt.com/business-strategy.php

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  • 1. [ Business Strategy ][ learnppt.com ]

2. Introduction Whether youre managing your own business or working for aFortune 500 company, Business Strategy is integral to yourcompanys success. In todays global and virtual businessenvironment, strategy in business has become increasinglycomplex and requires knowledge and expertise across a broadrange of domains. Many companies rely on top-name,expensive consulting firms, like McKinsey, to help themdevelop business strategies. Below, we have assembled robusttoolkits used by these top management strategy consultingfirms. 3. Business Strategy Toolkits Our experienced team recommends the 6 toolkits below. Topics range isvery encompassing--from lessons of military strategists, e.g. Sun Tzus Artof War, to traditional strategy frameworks, e.g. Michael Porter, to new agemarketing strategy, e.g. Blue Ocean Strategy. Growth Strategy Toolkit This toolkit was developed by strategy consultants from a leading firm. Itframes the various horizons of the "growth challenge," and dives intovarious strategy frameworks for growth--from Porters Five Forces to BlueOcean. This detailed document also includes case examples, a full growthstrategy initiative breakdown, and tabulation of key growth strategy workproducts. 4. Pricing Strategy Toolkit This document provides an in-depth discussion on Pricing Strategy,including Skimming vs. Penetration, Pricing Tactics & Terminology, ProductAdoption Lifecycle, Price Curve Analysis, and Price Sensitivity Analysis.Also, it includes a Price Sensitivity Financial Model (Excel document). 5. Business Case Development Any project requiring a non-trivial investment must be supported by arobust business case to justify the economics of this pursuit. This toolkitoutlines the objectives, components, and processes involved withdeveloping a strong bcase. Furthermore, it includes a capital budgetingbusiness case model (Excel financial model). 6. Consolidation (Endgame) Curve Every major strategic and operational move should be evaluated withregard to the industrys stage in the Consolidation Curve (or EndgameCurve). This a framework based on the study of 25,000 firms globally(representing 98% of the global market cap), showing that all industriesconsolidate and follow a similar course through the 4 stages of: Opening,Scale, Focus, and Balance & Alliance. 7. Cost Reduction Toolkit Explore cost reduction opportunities across the Value Chain. In this toolkit,cost reduction initiatives are categorized in the areas of Enterprise-wideOpportunities, Asset Management Opportunities, and Function-specificOpportunities. Over 45 cost reduction initiatives identified--for eachinitiative, specific examples are provided, along with projected potentialsavings. 8. The Complete Business Frameworks Toolkits 9. Individual Business Strategy Frameworks andTemplates