AI, Cloud and Digital Tech Transformation Consulting Partner @ KPMG ; Software Business Leader - Professional Services Solution Engineering Pre Sales Customer Success; Field CTO GCC ; ex - AWS / Amazon Web Services , IBM
Multiple 7-Figure Exit in 4 Years | Now Helping Founders Scale Their Sales Processes With Vantom Group
95% of strategic business plans fail.
Why?
👇
---> No system for creating a strategy.
---> Goals aren't adequately monitored and evaluated.
---> Objectives are not effectively communicated.
How can we fix that?
By implementing a strategy framework.
---> VRIO Analysis
Assess your resources and capabilities.
Ensure they are Valuable, Rare, Inimitable, and Organized to capture value.
---> The Value Stick
Pinpoint where your value lies along the customer journey.
Maximize value delivery at every touchpoint for sustainable growth.
---> McKinsey's Strategic Horizons
Shift your focus from short-term gains to long-term vision.
Balance core business activities with emerging opportunities for strategic success.
---> Blue Ocean Strategy
Escape the competition by creating uncontested market space.
Innovate to make rivals irrelevant and unlock new demand.
---> Hambrick and Fredrickson's Strategy Diamond
Craft a holistic strategy by considering arenas, differentiators, vehicles, staging, and economic logic.
Ready to elevate your strategy game?
Dive deep into these frameworks and unlock new avenues for success.
---
👉 Want a high-resolution PDF?
1. Follow me - Alan (AJ) Silber
2. Sign up for the GrowthHive Newsletter here: https://buff.ly/3UoZAnV
Pssst. The welcome email includes 35+ of my best PDFs!
95% of strategic business plans fail.
Why?
👇
---> No system for creating a strategy.
---> Goals aren't adequately monitored and evaluated.
---> Objectives are not effectively communicated.
How can we fix that?
By implementing a strategy framework.
---> VRIO Analysis
Assess your resources and capabilities.
Ensure they are Valuable, Rare, Inimitable, and Organized to capture value.
---> The Value Stick
Pinpoint where your value lies along the customer journey.
Maximize value delivery at every touchpoint for sustainable growth.
---> McKinsey's Strategic Horizons
Shift your focus from short-term gains to long-term vision.
Balance core business activities with emerging opportunities for strategic success.
---> Blue Ocean Strategy
Escape the competition by creating uncontested market space.
Innovate to make rivals irrelevant and unlock new demand.
---> Hambrick and Fredrickson's Strategy Diamond
Craft a holistic strategy by considering arenas, differentiators, vehicles, staging, and economic logic.
Ready to elevate your strategy game?
Dive deep into these frameworks and unlock new avenues for success.
---
👉 Want a high-resolution PDF?
1. Follow me - Alan (AJ) Silber
2. Sign up for the GrowthHive Newsletter here: https://buff.ly/3UoZAnV
Pssst. The welcome email includes 35+ of my best PDFs!
Strategic business plans often fail for a variety of reasons. Here are some common issues:
1. Lack of a system for creating a strategy: Without a structured approach to developing a strategy, businesses may struggle to align their goals and actions effectively.
2. Inadequate monitoring and evaluation of goals: Without regular tracking and assessment, it becomes challenging to measure progress, identify areas for improvement, and make necessary adjustments.
3. Ineffective communication of objectives: If goals and objectives are not clearly communicated to all stakeholders, there can be confusion and a lack of alignment, hindering progress towards desired outcomes.
To address these challenges and improve the success rate of strategic business plans, implementing a strategy framework can be beneficial. Here are a few frameworks to consider:
1. VRIO Analysis: This framework helps assess the resources and capabilities of a business to determine if they are Valuable, Rare, Inimitable, and Organized to capture value. By understanding their competitive advantages, businesses can leverage them effectively.
2. The Value Stick: This framework focuses on pinpointing where the value lies along the customer journey. By maximizing value delivery at every touchpoint, businesses can ensure sustainable growth and customer satisfaction.
3. McKinsey's Strategic Horizons: This framework encourages businesses to shift their focus from short-term gains to a long-term vision. It emphasizes balancing core business activities with emerging opportunities for strategic success.
4. Blue Ocean Strategy: This framework suggests escaping competition by creating uncontested market space. By innovating and making rivals irrelevant, businesses can unlock new demand and differentiate themselves.
5. Hambrick and Fredrickson's Strategy Diamond: This holistic strategy framework considers arenas, differentiators, vehicles, staging, and economic logic to craft a comprehensive and cohesive strategy.
By diving deep into these frameworks and incorporating them into your strategic planning process, you can elevate your strategy game and unlock new avenues for success. Remember, each framework has its unique benefits, so choose the ones that align with your business goals and objectives.
Multiple 7-Figure Exit in 4 Years | Now Helping Founders Scale Their Sales Processes With Vantom Group
95% of strategic business plans fail.
Why?
👇
---> No system for creating a strategy.
---> Goals aren't adequately monitored and evaluated.
---> Objectives are not effectively communicated.
How can we fix that?
By implementing a strategy framework.
---> VRIO Analysis
Assess your resources and capabilities.
Ensure they are Valuable, Rare, Inimitable, and Organized to capture value.
---> The Value Stick
Pinpoint where your value lies along the customer journey.
Maximize value delivery at every touchpoint for sustainable growth.
---> McKinsey's Strategic Horizons
Shift your focus from short-term gains to long-term vision.
Balance core business activities with emerging opportunities for strategic success.
---> Blue Ocean Strategy
Escape the competition by creating uncontested market space.
Innovate to make rivals irrelevant and unlock new demand.
---> Hambrick and Fredrickson's Strategy Diamond
Craft a holistic strategy by considering arenas, differentiators, vehicles, staging, and economic logic.
Ready to elevate your strategy game?
Dive deep into these frameworks and unlock new avenues for success.
---
👉 Want a high-resolution PDF?
1. Follow me - Alan (AJ) Silber
2. Sign up for the GrowthHive Newsletter here: https://buff.ly/3UoZAnV
Pssst. The welcome email includes 35+ of my best PDFs!
An effective strategy has always been made by smart human, NOT by machine.
A practical list of high-risk AI applications has been identified by European Parliament's AI Act.
Yes, AI can do many things, but NOT everything; at least, NOT what we are doing in data analytics.
Let's try a go/no-go test to see if AI works.
Is there any today's AI data solution you know, that can interpret and answer the following Chinese-English multilingual questions?
With our intellectual property (IP), a copyrighted multilingual metadata, we can provide real time answers, by census geographical locations, as evidence for decision/policy making.
"Who, in the Ontario province of Canada, has new US patents granted on the nearest Tuesday, when the USPTO releases the newly granted US patents on a weekly basis?"
"Who, in the "江蘇‘’ province of China, has new US patents granted on the nearest Tuesday, when the USPTO releases the newly granted US patents on a weekly basis?"
Metadata is an enabler.
Without metadata, NO data can be found/retrieved, even by the most advanced technologies, like AI, NVIDIA chips, supercomputers, etc.
https://lnkd.in/g-aJFnX
Multiple 7-Figure Exit in 4 Years | Now Helping Founders Scale Their Sales Processes With Vantom Group
95% of strategic business plans fail.
Why?
👇
---> No system for creating a strategy.
---> Goals aren't adequately monitored and evaluated.
---> Objectives are not effectively communicated.
How can we fix that?
By implementing a strategy framework.
---> VRIO Analysis
Assess your resources and capabilities.
Ensure they are Valuable, Rare, Inimitable, and Organized to capture value.
---> The Value Stick
Pinpoint where your value lies along the customer journey.
Maximize value delivery at every touchpoint for sustainable growth.
---> McKinsey's Strategic Horizons
Shift your focus from short-term gains to long-term vision.
Balance core business activities with emerging opportunities for strategic success.
---> Blue Ocean Strategy
Escape the competition by creating uncontested market space.
Innovate to make rivals irrelevant and unlock new demand.
---> Hambrick and Fredrickson's Strategy Diamond
Craft a holistic strategy by considering arenas, differentiators, vehicles, staging, and economic logic.
Ready to elevate your strategy game?
Dive deep into these frameworks and unlock new avenues for success.
---
👉 Want a high-resolution PDF?
1. Follow me - Alan (AJ) Silber
2. Sign up for the GrowthHive Newsletter here: https://buff.ly/3UoZAnV
Pssst. The welcome email includes 35+ of my best PDFs!
I 👁️🗨️
N
T
E
L
Finance Administrator| ERP Systems | DBA Integrated Aspirateur|Client Liaison|Creative Content| Academic Writing|Business Discipline| Business Studies| Market Research| Investors Associate
Multiple 7-Figure Exit in 4 Years | Now Helping Founders Scale Their Sales Processes With Vantom Group
95% of strategic business plans fail.
Why?
👇
---> No system for creating a strategy.
---> Goals aren't adequately monitored and evaluated.
---> Objectives are not effectively communicated.
How can we fix that?
By implementing a strategy framework.
---> VRIO Analysis
Assess your resources and capabilities.
Ensure they are Valuable, Rare, Inimitable, and Organized to capture value.
---> The Value Stick
Pinpoint where your value lies along the customer journey.
Maximize value delivery at every touchpoint for sustainable growth.
---> McKinsey's Strategic Horizons
Shift your focus from short-term gains to long-term vision.
Balance core business activities with emerging opportunities for strategic success.
---> Blue Ocean Strategy
Escape the competition by creating uncontested market space.
Innovate to make rivals irrelevant and unlock new demand.
---> Hambrick and Fredrickson's Strategy Diamond
Craft a holistic strategy by considering arenas, differentiators, vehicles, staging, and economic logic.
Ready to elevate your strategy game?
Dive deep into these frameworks and unlock new avenues for success.
---
👉 Want a high-resolution PDF?
1. Follow me - Alan (AJ) Silber
2. Sign up for the GrowthHive Newsletter here: https://buff.ly/3UoZAnV
Pssst. The welcome email includes 35+ of my best PDFs!
Want to look consultant-like? Include any of these 5 frameworks into your strategic planning meetings or discussions, and let the brainstorming fly! #strategy#planning
Multiple 7-Figure Exit in 4 Years | Now Helping Founders Scale Their Sales Processes With Vantom Group
95% of strategic business plans fail.
Why?
👇
---> No system for creating a strategy.
---> Goals aren't adequately monitored and evaluated.
---> Objectives are not effectively communicated.
How can we fix that?
By implementing a strategy framework.
---> VRIO Analysis
Assess your resources and capabilities.
Ensure they are Valuable, Rare, Inimitable, and Organized to capture value.
---> The Value Stick
Pinpoint where your value lies along the customer journey.
Maximize value delivery at every touchpoint for sustainable growth.
---> McKinsey's Strategic Horizons
Shift your focus from short-term gains to long-term vision.
Balance core business activities with emerging opportunities for strategic success.
---> Blue Ocean Strategy
Escape the competition by creating uncontested market space.
Innovate to make rivals irrelevant and unlock new demand.
---> Hambrick and Fredrickson's Strategy Diamond
Craft a holistic strategy by considering arenas, differentiators, vehicles, staging, and economic logic.
Ready to elevate your strategy game?
Dive deep into these frameworks and unlock new avenues for success.
---
👉 Want a high-resolution PDF?
1. Follow me - Alan (AJ) Silber
2. Sign up for the GrowthHive Newsletter here: https://buff.ly/3UoZAnV
Pssst. The welcome email includes 35+ of my best PDFs!
Strategy leadership | Business Strategy| Business Operations | Key Account Management | 30 Years Oil & Gas Experience in Bharat Petroleum at various Management Profiles | National Sales Head at Compac Industries Ltd
Multiple 7-Figure Exit in 4 Years | Now Helping Founders Scale Their Sales Processes With Vantom Group
95% of strategic business plans fail.
Why?
👇
---> No system for creating a strategy.
---> Goals aren't adequately monitored and evaluated.
---> Objectives are not effectively communicated.
How can we fix that?
By implementing a strategy framework.
---> VRIO Analysis
Assess your resources and capabilities.
Ensure they are Valuable, Rare, Inimitable, and Organized to capture value.
---> The Value Stick
Pinpoint where your value lies along the customer journey.
Maximize value delivery at every touchpoint for sustainable growth.
---> McKinsey's Strategic Horizons
Shift your focus from short-term gains to long-term vision.
Balance core business activities with emerging opportunities for strategic success.
---> Blue Ocean Strategy
Escape the competition by creating uncontested market space.
Innovate to make rivals irrelevant and unlock new demand.
---> Hambrick and Fredrickson's Strategy Diamond
Craft a holistic strategy by considering arenas, differentiators, vehicles, staging, and economic logic.
Ready to elevate your strategy game?
Dive deep into these frameworks and unlock new avenues for success.
---
👉 Want a high-resolution PDF?
1. Follow me - Alan (AJ) Silber
2. Sign up for the GrowthHive Newsletter here: https://buff.ly/3UoZAnV
Pssst. The welcome email includes 35+ of my best PDFs!
instructor of Accounting, experience of rules and regulations of HR and auditing, master degree of general Accounting last stage of CGA, deeply knowledge of CFE, CMA,CPA,
Binladin Company
Multiple 7-Figure Exit in 4 Years | Now Helping Founders Scale Their Sales Processes With Vantom Group
95% of strategic business plans fail.
Why?
👇
---> No system for creating a strategy.
---> Goals aren't adequately monitored and evaluated.
---> Objectives are not effectively communicated.
How can we fix that?
By implementing a strategy framework.
---> VRIO Analysis
Assess your resources and capabilities.
Ensure they are Valuable, Rare, Inimitable, and Organized to capture value.
---> The Value Stick
Pinpoint where your value lies along the customer journey.
Maximize value delivery at every touchpoint for sustainable growth.
---> McKinsey's Strategic Horizons
Shift your focus from short-term gains to long-term vision.
Balance core business activities with emerging opportunities for strategic success.
---> Blue Ocean Strategy
Escape the competition by creating uncontested market space.
Innovate to make rivals irrelevant and unlock new demand.
---> Hambrick and Fredrickson's Strategy Diamond
Craft a holistic strategy by considering arenas, differentiators, vehicles, staging, and economic logic.
Ready to elevate your strategy game?
Dive deep into these frameworks and unlock new avenues for success.
---
👉 Want a high-resolution PDF?
1. Follow me - Alan (AJ) Silber
2. Sign up for the GrowthHive Newsletter here: https://buff.ly/3UoZAnV
Pssst. The welcome email includes 35+ of my best PDFs!
Essential strategy frameworks for leaders, featuring five key approaches to boost business success:
- 🔍 VRIO Analysis: Evaluate resources and capabilities for competitive advantage.
- 📊 The Value Stick: Balance willingness to pay and willingness to sell for optimal pricing.
- 🌊 Blue Ocean Strategy: Create uncontested markets and new value propositions.
- 💎 Strategy Diamond: Define arenas, economic logic, and differentiation tactics.
- 🔄 McKinsey’s Horizons: Balance efforts across core business and innovation.
#BusinessStrategy#LeadershipDevelopment#GrowthHacking
Multiple 7-Figure Exit in 4 Years | Now Helping Founders Scale Their Sales Processes With Vantom Group
95% of strategic business plans fail.
Why?
👇
---> No system for creating a strategy.
---> Goals aren't adequately monitored and evaluated.
---> Objectives are not effectively communicated.
How can we fix that?
By implementing a strategy framework.
---> VRIO Analysis
Assess your resources and capabilities.
Ensure they are Valuable, Rare, Inimitable, and Organized to capture value.
---> The Value Stick
Pinpoint where your value lies along the customer journey.
Maximize value delivery at every touchpoint for sustainable growth.
---> McKinsey's Strategic Horizons
Shift your focus from short-term gains to long-term vision.
Balance core business activities with emerging opportunities for strategic success.
---> Blue Ocean Strategy
Escape the competition by creating uncontested market space.
Innovate to make rivals irrelevant and unlock new demand.
---> Hambrick and Fredrickson's Strategy Diamond
Craft a holistic strategy by considering arenas, differentiators, vehicles, staging, and economic logic.
Ready to elevate your strategy game?
Dive deep into these frameworks and unlock new avenues for success.
---
👉 Want a high-resolution PDF?
1. Follow me - Alan (AJ) Silber
2. Sign up for the GrowthHive Newsletter here: https://buff.ly/3UoZAnV
Pssst. The welcome email includes 35+ of my best PDFs!
95% of strategic business plans fail.
Why?
👇
---> No system for creating a strategy.
---> Goals aren't adequately monitored and evaluated.
---> Objectives are not effectively communicated.
How can we fix that?
By implementing a strategy framework.
---> VRIO Analysis
Assess your resources and capabilities.
Ensure they are Valuable, Rare, Inimitable, and Organized to capture value.
---> The Value Stick
Pinpoint where your value lies along the customer journey.
Maximize value delivery at every touchpoint for sustainable growth.
---> McKinsey's Strategic Horizons
Shift your focus from short-term gains to long-term vision.
Balance core business activities with emerging opportunities for strategic success.
---> Blue Ocean Strategy
Escape the competition by creating uncontested market space.
Innovate to make rivals irrelevant and unlock new demand.
---> Hambrick and Fredrickson's Strategy Diamond
Craft a holistic strategy by considering arenas, differentiators, vehicles, staging, and economic logic.
Ready to elevate your strategy game?
Dive deep into these frameworks and unlock new avenues for success.
Credits : @Alan Silber
# COMPONENTS OF BUSINESS STRATEGY
Here’s a comprehensive overview of what constitutes an effective business strategy and how it can be developed and implemented.
Business strategy refers to the plans and actions that companies take to reach their business objectives. It encompasses decisions about resource allocation, market positioning, competitive advantage, and growth initiatives. A sound strategy helps businesses navigate challenges and seize opportunities in a dynamic market environment.
Components of a Business Strategy
1. Vision and Mission:
The vision statement defines the long-term aspiration of the company, while the mission statement articulates its purpose and primary objectives. Together, they provide a clear sense of direction and inspire stakeholders.
2. Core Values:
Core values reflect the principles and standards that guide behavior within the organization. They form the foundation of the company culture and influence strategic decisions.
3. SWOT Analysis:
Analyzing the company’s strengths, weaknesses, opportunities, and threats (SWOT) helps identify internal capabilities and external market conditions. This analysis is essential for informed decision-making.
4. Competitive Analysis:
Understanding the competitive landscape involves identifying key competitors, analyzing their strengths and weaknesses, and recognizing market trends. This insight helps in crafting strategies to gain a competitive edge.
5. Objectives and Goals:
Setting specific, measurable, achievable, relevant, and time-bound (SMART) goals provides clear targets for the organization. These goals guide strategic initiatives and performance evaluation.
6. Market Positioning:
Effective market positioning defines how a company differentiates itself from competitors and how it wants to be perceived by customers. It involves identifying unique value propositions and target market segments.
7. Resource Allocation:
Strategic resource allocation ensures that financial, human, and technological resources are deployed efficiently to support strategic initiatives and achieve business objectives
#businessstrategy#contentwriter#customerservicerepresentative#virtualassistant
