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Your role in supporting and influencing corporate strategy 13 May 2008 Presented by John DiNatale.

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Presentation on theme: "Your role in supporting and influencing corporate strategy 13 May 2008 Presented by John DiNatale."— Presentation transcript:

1 Your role in supporting and influencing corporate strategy 13 May 2008 Presented by John DiNatale

2 Demystifying strategy - what is it anyway?  A strategy is simply a long term plan of action designed to achieve a particular goal, most often "winning".  Strategy is differentiated from tactics by its nature of being extensively premeditated  The word strategy derives from the Greek word stratēgos, which referred to a 'military commander'.

3 Strategic Management Organisational Objectives Policies and Plans Resources Define Implement Evaluate Science Art

4 Levels of Strategic Planning Corporate Strategy IT Plan Production Plan Sales & Mktg Plan HR Plan Distribution Plan Operations Plan

5 Strategy Development Methodologies

6 Porter’s 5 Forces Model  A framework for business strategy development developed by Michael Porter at Harvard Business School in 1979  The model includes three ‘horizontal’ forces – threat of substitute products, threat of established rivals, threat of new entrants and two ‘vertical’ forces – the bargaining power of suppliers and customers

7 Sun Tzu – The Art of War (for EAs) A Chinese military book written during the 6 th Century BC Composed of 13 chapters, each of which is devoted to one aspect of warfare Considered the definitive work on military strategies and tactics of its time

8 The modern EA?

9 Strategic Planning  Careful planning based on sound information contributes to faster and better decisions  A strategic plan should be brief and easily understood – simplicity is the key

10 Waging War  Stay focused on strategic objectives  Balance resources, risks and rewards

11 The Offensive Strategy  The focus is on knowledge  Patience, positioning and timing  Always have an edge  Maintain some “opportunistic flexibility”  Reward, replenish and invest in support structure

12 Tactics  Have a well organised implementation plan  Be prepared to learn from mistakes  Maintain the highest ethics

13 Energy  Momentum and timely action  Leverage complementary skill sets  Know the characteristics of your team

14 Maneuvering  Disciplined organisation  Relationship management  Organisational management  Study, observe, compare and apply  The value of timing should never be underestimated

15 The use of spies  Secure the best information possible for every situation  Study the past, analyse the present to create an edge for the future

16 Overview Today’s EA:  is a crucial team member  not only supports strategy, but contributes to its development and ongoing refinement  is a key focal point for organisational knowledge  plays an important role in optimising the use of organisational resources

17 John DiNatale john.dinatale@dcstrategy.com www.dcstrategy.com


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