Course summary

Well done on completing this course. Here is a summary of the key ideas from the course. We encourage you to discuss what you have learnt with your team.

“Strategy is integrated, courageous, fact-based, long-term choices about how we will create unique, customised and sustainable value for our highest priority “customers” / constituents and “market segments”.”

The facts about strategy:

What is true is that to meet a challenge, one should first work to comprehend its nature.

Don’t start with goals—start by understanding the challenge and finding its crux.

Value delivery system:

Value= Benefits – Price/Costs

Leaders guide questions:

Do we have any meaningful objectives and initiatives that will take more than one year to complete?
Do we have strategic projects or priorities that are languishing for lack of sustained leadership or investment?
Are we able to make rapid adjustments to our plans when necessary, e.g., due to economic, political, or technological disruptions?
Do we have clear action priorities for our plans, especially for immediate initiatives that help us to get started or keep us on track?
Can we articulate our organisation’s core focus, or “one big thing” over the next six months with clarity and unity?
Can we clearly articulate what our organisation will say “no” to pursuing further, or possibly delaying?

Download Course Summary

Defining strategy_course-summary-2.pdf