Strategy Development and Roadmap

What is Strategy?

A game plan to win in a competitive situation.

Know yourself – your resources, your capabilities, your strengths, your weaknesses, your consumers, your allies

Know your competition – how will they react to you, their strengths, weaknesses.

Know the terrain – the industry, the environment, the markets

Identify a plan that leads to SUSTAINABLE ADVANTAGE and helps you win

To win, consider both the big-picture strategy and the execution details.

The Strategic Thinking Process

Strategic Thinking: An Iterative Process

Problem Definition is the most difficult part of strategic problem solving.

Defining the Problem

If you don’t know where you are going, all roads will take you there!

Decision Frames

Recognize elements that are constraining your thinking.

Establish Scope

What is the scope of your problem definition?

Seek Inputs

Get fresh insights from several sources.

Re-examine the Problem

Be prepared to go back to the drawing board several times

TOOLKIT.

Strategic Analysis: The 5C Framework

Most strategy assignments start with a comprehensive 5C strategic analysis.

We systematically explore the macro-environmental context, the consumers, the competitive forces, the institutional collaborators and partners, and finally, the strategic vision and the organizational mission and purpose that is fueling the initiative.

The 5C analysis emphasizes analytical rigor and creative interpretation. The method is a blend of convergent, divergent, and practical thinking and application that results in compelling strategic insights and opportunities.

  • Assess macro industry trends
  • Assess market structure
  • Economic Trends
  • Technology Trends
  • Government and Regulatory Framework
  • Preliminary review of company’s product portfolio
  • Company Financials
  • Understand company’s current strategy and outlook
  • SWOT analysis
  • Consumer trends
  • Consumer decision making & behavior
  • Consumer attitudes, usage and perceptions of company and competitive products
  • Analysis of competitive position, vis-à-vis competitive product offerings and successful marketing strategies
  • Competitive strengths and weakness
  • Competitor market share and growth analysis
  • Competitor financials
  • Identify potential collaborators (e.g. marketing channels, industry associations etc.)
  • Technology collaborators
  • Partners and affiliates

CASE STUDY.

Transforming a Cancer
Hospital’s Website Strategy.

A top cancer hospital’s website drew 25 million visitors but struggled with low patient conversions. Our strategy cut through online information clutter encouraged screenings and nudged at-risk individuals to adopt healthier behaviors—such as eating well, exercising, and using sunscreen. By leveraging digital tools and directing users to trusted hospital resources, we increased engagement and boosted conversion rates.

Strategy Canvas

The strategy canvas is a tool developed by Chan Kim and Renee Mauborgne for representing the current strategic landscape. The strategy canvas represents the drivers of competition on the X-axis and plots the offering levels of competitors on each of these drivers.

The canvas tells a story of how competitive offerings are arrayed in the market, highlighting strategic gaps and opportunities.

TOOLKIT.

Strategy Canvas: Health Systems


A Strategic Roadmap

A strategic roadmap outlines the strategic objectives and the steps necessary to accomplish them.  The roadmap outlines the strategic goals, initiatives, timelines, resources, and potential roadblocks. 

A roadmap serves as both a communication tool and a management tool. It helps align stakeholders, clarifies roles and responsibilities, and provides a mechanism for monitoring progress on a timeline.

TOOLKIT.