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The Road from Ideas to Results

          Daniela Cretu
        Op.Team Associates
What IS business strategy?
                                                Kenneth Andrews – The concept of corporate strategy, 1971




… pattern of DECISIONS about …
                                                OBJECTIVES




                          VALUE TO
                                                                                   PLANS
                           OTHERS

                                                STRATEGY




                                 ORGANIZATION                     RANGE OF
                                     TYPE                         BUSINESS
Business Strategy Trio

    MISSION
    •Values and purpose
    •Scope of operations: market+products


   INTENT
   •Active positioning
   •Development and usage of resources needed


   ACTIONS
   •Individual blocks
   •Deliberate changes = projects
Who?
                        • CEO
           Formulate    • Entrepreneur/Owner
                        • Business Units managers




                                • Investors (potential and current)

STRATEGY         Evaluate       • Competitors
                                • Financial Analysts




                        • Management Consultants
           Influence    • Communities/Associations
                        • Government
The “Stairway to Heaven”
  “Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.”
                                                                                      Michael Porter
NOW




                                  In year 1,2,3,4




                                                                       In 5 years
      • Market                                      • Competitive                   • Market leader
        positioning                                   advantage                     • Attractive
      • Financial status                            • Investments                     financial returns
      • Human                                       • HR                            • HR top
        resources                                     Development                     performance
      • Products                                    • New products                  • Dominant
      • Sales                                       • New sales                       products
      • Operations                                    channels/force                • Profitable
        support                                     • Process                         channels/force
                                                      redesign                      • Operational
                                                                                      excellence
Now WHAT?
How to prioritize?

                   Mission:
                   • Objectives
                   • Values
                   • Scope




Opportunities:                    Capabilities:
• Current/future
  market demand                   • Strenghts
• Competition                     • Competitive
                                    advantage
• Legislation
Simple Prioritisation Tools

COST CONSTRAINT        TIME CONSTRAINT

  - Cost    - Cost       - Urgent     - Urgent
- impact   + impact   - Important   + Important



  + cost    + cost      + Urgent      + Urgent
- impact   + impact   - Important   + Important
Cost & Benefit Analysis




                 Costs


      Benefits
Project management – for all

Identify         Plan              Execute          Close

               Scope,
               budget,
               resources,
               plan




  Design   Development      Test         Training    Deployment
Project management – for some
Science or Art?
Let’s Talk!




              Friendly Yours,
               Daniela Cretu

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Project Management - The Road From Ideas To Results

  • 1. & The Road from Ideas to Results Daniela Cretu Op.Team Associates
  • 2. What IS business strategy? Kenneth Andrews – The concept of corporate strategy, 1971 … pattern of DECISIONS about … OBJECTIVES VALUE TO PLANS OTHERS STRATEGY ORGANIZATION RANGE OF TYPE BUSINESS
  • 3. Business Strategy Trio MISSION •Values and purpose •Scope of operations: market+products INTENT •Active positioning •Development and usage of resources needed ACTIONS •Individual blocks •Deliberate changes = projects
  • 4. Who? • CEO Formulate • Entrepreneur/Owner • Business Units managers • Investors (potential and current) STRATEGY Evaluate • Competitors • Financial Analysts • Management Consultants Influence • Communities/Associations • Government
  • 5. The “Stairway to Heaven” “Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.” Michael Porter NOW In year 1,2,3,4 In 5 years • Market • Competitive • Market leader positioning advantage • Attractive • Financial status • Investments financial returns • Human • HR • HR top resources Development performance • Products • New products • Dominant • Sales • New sales products • Operations channels/force • Profitable support • Process channels/force redesign • Operational excellence
  • 7. How to prioritize? Mission: • Objectives • Values • Scope Opportunities: Capabilities: • Current/future market demand • Strenghts • Competition • Competitive advantage • Legislation
  • 8. Simple Prioritisation Tools COST CONSTRAINT TIME CONSTRAINT - Cost - Cost - Urgent - Urgent - impact + impact - Important + Important + cost + cost + Urgent + Urgent - impact + impact - Important + Important
  • 9. Cost & Benefit Analysis Costs Benefits
  • 10. Project management – for all Identify Plan Execute Close Scope, budget, resources, plan Design Development Test Training Deployment
  • 13. Let’s Talk! Friendly Yours, Daniela Cretu

Editor's Notes

  1. Mergers and acquisitionsAlliancesNew product launch