Two Minute Strategy Training Summary

Expand or collapse content 1. 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

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

Expand or collapse content 2. 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

Expand or collapse content 3. 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 4. Other Traditional Strategy Models

Blue Ocean / Red Ocean

Porters 5 Forces

PESTEL

SWOT

Expand or collapse content 5. 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