Visualise Solutions

Supercharge your organization's performance with a strategy workshop and training course designed to unlock its full potential. Leverage BSI's award-winning Nine Steps to Success™ framework for strategic planning and management. This proven method helps you: - Integrate planning, budgeting, operations, and management seamlessly - Align daily activities with your strategic objectives - Connect performance metrics to your mission, vision, and overall strategy Rooted in the balanced scorecard methodology, this disciplined and practical framework ensures that your organization is aligned and working toward common goals. Ready to elevate your strategic planning? Let’s explore how the Nine Steps to Success™ can propel your organization forward. https://lnkd.in/gNFbVkrj

🎄 Wishing all our followers and customers a Merry Christmas and a prosperous New Year! 🌟 Thank you for your continued support and trust—here’s to a year filled with growth, success, and new opportunities. 🎉 Happy Holidays! 🎁

What is Strategy? 🎯 You’d be surprised how often companies mix up strategy with actions. Let’s clear that up. ☑ Mistake #1: “Steps, not strategy.” ↳ You hear it all the time: “My strategy is to consolidate my industry.” “My strategy is to ramp up R&D.” “My strategy is to outsource more.” 🚫 Wrong. These are steps, not a strategy. They may be good steps, but they’re not the strategy. ☑ So what is strategy? ↳ It’s about positioning—where will your company be after these steps? ↳ It’s about uniqueness—how are you going to stand out? ↳ It’s about sustaining advantage—how will you maintain that edge over time? Your actions (like internationalizing or outsourcing) are just that—actions. They should support your strategy, but they aren’t the strategy itself. Companies often fixate on actions, not the big picture. ↳ This leads them to focus on doing things without understanding why or when they should stop. And that’s a path to trouble. Strategy is your long-term vision, not just a checklist of things to do. If you found this insight valuable, please follow us for more! 🙏

Supercharge your organization's performance with a strategy workshop and training course designed to unlock its full potential. Leverage BSI's award-winning Nine Steps to Success™ framework for strategic planning and management. This proven method helps you: - Integrate planning, budgeting, operations, and management seamlessly - Align daily activities with your strategic objectives - Connect performance metrics to your mission, vision, and overall strategy Rooted in the balanced scorecard methodology, this disciplined and practical framework ensures that your organization is aligned and working toward common goals. Ready to elevate your strategic planning? Let’s explore how the Nine Steps to Success™ can propel your organization forward. https://lnkd.in/gNFbVkrj

As we are just boarding the plane back to the UK after two weeks in Dubai, I am surrounded by taxis from DTC, Uber, Bolt, Yango and Careem. It made us think about first-mover disadvantages. The First-Mover Disadvantage highlights the challenges faced by the pioneer in a market—challenges that latecomers can turn into opportunities. While first movers often lead with innovation and early market share, they also bear the brunt of risks that competitors can avoid. ☑ 1. Market Education Costs ↳ First movers spend heavily on educating customers about new services. Example: Uber introduced app-based ride-hailing in Dubai, investing significantly in educating users about how to book rides through an app. When Careem and Bolt entered the market, the concept was widely accepted, saving them customer education costs. ☑ 2. Regulatory Challenges ↳ Pioneers often face uncertain regulatory landscapes. Example: Uber struggled with initial regulatory hurdles in Dubai, including licensing and operational restrictions. Careem entered later and tailored its model to meet local regulations more smoothly, positioning itself as a “local” alternative. ☑ 3. Adapting to Local Preferences ↳ First movers may overlook localized needs that competitors address. Example: Careem capitalized on a key gap by offering cash payment options, which were more appealing in a market where many users preferred cash transactions over credit cards. This helped Careem capture a significant market share from Uber. ☑ 4. Operational Scaling Efficiencies ↳ Followers refine and optimize what the first mover struggled with. Example: Bolt entered Dubai with a focus on more competitive pricing and driver incentives, improving operational efficiency where Uber faced early scaling challenges. Strategic Takeaways Careem localized Uber’s model by addressing cultural and payment needs, proving that understanding local markets can outmanoeuvre global pioneers. Bolt focused on affordability and driver benefits, using insights from Uber’s operations to build a leaner, more customer-focused service. First movers like Uber lay the groundwork, but followers like Careem and Bolt demonstrate that smarter, adaptive strategies often lead to long-term wins. #strategy #leadership #strategicplanning

You’d be surprised how often companies confuse planning with strategy. Roger Martin sets the record straight. ☑ Mistake #1: “Planning is not a strategy.” You hear it constantly: ↳ “My strategy is to launch a new product line.” ↳ “My strategy is to build a new factory.” ↳ “My strategy is to hire more people.” 🚫 Wrong. These are plans, not strategies. They might be essential actions, but they don’t define your strategy. ☑ So what is strategy? ↳ It’s about making integrative choices—where will you play and how will you win? ↳ It’s about differentiation—what sets you apart from your competitors? ↳ It’s about achieving competitive outcomes—how will you stay ahead of the market? Planning (like building a factory or launching a new product) helps execute your strategy, but it's not the strategy itself. Too often, companies are comfortable with planning because it’s within their control. ↳ This comfort leads them to mistake actions for strategy, which limits their long-term success. Strategy is about your competitive position—how you create and sustain an advantage in the market, not just checking off tasks. If you found this helpful, follow us for more insights! 🙌

Strategy is often misunderstood. Some companies think everything important is a strategy. ↳ Marketing strategy. ↳ IT strategy. ↳ Supply chain strategy. ↳ Government strategy. But here’s the truth: there’s only one strategy for any business. ☑ Why only one? ↳ Strategy is integrative—it’s how all the pieces fit together. ↳ Breaking strategy into separate “strategies” weakens the entire plan. When companies split strategy into many, they risk having no real strategy. Focus on creating a unified, comprehensive strategy that connects all parts of the business. If you found this insight valuable, please follow me for more! 🙏

Supercharge your organization's performance with a strategy workshop and training course designed to unlock its full potential. Leverage BSI's award-winning Nine Steps to Success™ framework for strategic planning and management. This proven method helps you: - Integrate planning, budgeting, operations, and management seamlessly - Align daily activities with your strategic objectives - Connect performance metrics to your mission, vision, and overall strategy Rooted in the balanced scorecard methodology, this disciplined and practical framework ensures that your organization is aligned and working toward common goals. Ready to elevate your strategic planning? Let’s explore how the Nine Steps to Success™ can propel your organization forward. https://lnkd.in/gNFbVkrj

The Granddaddy of all Strategy Mistakes! https://lnkd.in/gSVj_tkg

Well done to the newly qualified Balanced Scorecard Professionals here in Dubai with Informa Connect Middle East and Balanced Scorecard Institute. Well done to all, as everyone passed the exams with flying colours. #strategy #leadership #strategicplanning