Strategy Summary Longer version

Expand or collapse content What Strategy is and isn't

Strategy is something that everybody should understand

Strategy isn't set in stone, it's fluid  - life changes so strategy has to change

There is not one strategy

Strategy isn't a financial ambition or a wish list of goals.

Strategy is not about the long term

Strategy is the HOW. you achieve your ambitions

Strategy is continual, ongoing problem solving

Pickering Group - Strategic_Management - Andy Bate
Pickering Group - Strategic_Management - Andy Bate
Pickering Group - Strategic_Management - Andy Bate
Pickering Group - Strategic_Management - Andy Bate

Traditional Models of Strategy and where they fit in.

Andy's model of Strategies and where they fit in.

Expand or collapse content Defining Switzerland

A Switzerland is ambition with context.

It gives everybody clarity about where the business is going.

It should be meaningful for everybody

It can be aspirational

Having a Switzerland gives focus on where we should be directing energy and time.

There can be Switzerlands for different parts of the business

Pickering Group - Strategic_Management - Andy Bate
Expand or collapse content Gnarly Challenges

Some of the Gnarly Challenges that were put forward during an exercise in the workshop:

  • PEL does not pro-actively market relays
  • Difficulties in recruiting Technical Staff
  • Need to develop Leadership skills to take the company forward
  • Lack of organisational clarity - roles and responsibilities aren't defined
  • Lack of automation
Expand or collapse content Other Traditional Strategy Models

Blue Ocean / Red Ocean

Porters 5 Forces

PESTEL

SWOT

Expand or collapse content Turning Strategy into Execution

“Excellence is never an accident. It is always the result of high intention, sincere effort, and intelligent execution; it represents the wise choice of many alternatives - choice, not chance, determines your destiny.”  Aristotle

Pickering Group - Strategic_Management - Andy Bate