Introduction

A challenge for many business leaders and business is the relentless frequency and implications of change.

So the interesting question is - Does strategy as an organizational capability provide opportunities to benefit from all this change?

In this section, I will hope to convince that hope is justified and help is within your reach.

Objectives

1. Clarify the role of business strategy in any environment
2. Describe how strategy can be your business nervous system - and deliver benefits in challenging and rapidly changing environments.
3. How StrategyCAD helps

Strategy purpose

Recall from the What is business strategy session the purpose of business strategy was outlined. Moreover, the benefit of that purpose was to create a competitive advantage. The benefits and opportunities of competitive advantage are always a worthy pursuit and always relevant no matter how dynamic or not an environment is. So this mandates strategy as a business capability.

Strategy as your business nervous system

In addition for the quest to establish and sustain a competitive advantage, business strategy practice can be your business nervous system. You know that if you accidentally place your hand on a burning hot hotplate, your nervous system will immediately let you know, and you can react. However, if your nervous system is under performing, then your hand will sustain significant damage before your realize to remove your hand.

How does it do that?

Good Strategy practice is how your strategy team in your business, detect and respond proactively to the changes in the external and industry environments.

How can StrategyCAD™ help?

1. Strategic choices canvas

   1. Strategic choices are able to be thoroughly defined and described. This for anyone in your business to understand the implications, opportunities and threats from external events

   2. Strategic choices are easily reviewed, kept current and relevant in the Strategic choices canvas. This eliminates the ambiguity resulting from hefty strategy documents updated too infrequently, rarely or never.

   3. Standardized and effective tools to identify and describe opportunities and threats.

2. Strategy implementation canvas

   1. The Strategy kernel module allows you to assess where your business is today with respect to your strategic choices and expectations about where customer needs and expectations are going to be.

   2. The Proximate vision perspective in the Strategy Kernel enables you to focus your business resources on what your business is confident about in the foreseeable future and that puts it onto the path for the future anticipated beyond that. So your team knows where the business is headed immediately and where that leads to.