10 Skills – To Sharpen

Strategy Formulation
Capability
By Navdeep Agarwal

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10 Skills to Sharpen Strategy Formulation Capability

What image your mind perceive

when you first heard
the word
“Strategy”

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What is Strategy ?

Most of us associated it
with the planning or
mind activity.

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What is Strategy ?

Planning is only 33 % part of the

whole .
66 % is related with the action.

Skill 1 :

Strategy = Formulation + Execution + Alignment

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10 Skills to Sharpen Strategy Formulation Capability

Who is Playing a Strategist Role ?

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Who is playing a Strategist Role ?

Your answer CEO, COO

or
Top Management?

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Who is playing a Strategist Role ?
Each person in the organization
can contribute as a strategist.

Strategist role from a CXO’s

moving towards “Minds of Many”.

Skill 2 :
Strategist Role = Collective Role
(Driving + Participants)

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10 Skills to Sharpen Strategy Formulation Capability

How Strategies are born ?

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How Strategies are born ?

It is never a onetime
affair that we will
frame and use it as a
map.

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How Strategies are born ?

More than 75 % of insights will

come while you are executing the
strategy. It needs lot of refinement
as you proceed further .

Skill 3 :

Strategy = It is not a onetime affair

More than 2/3 will emerge while execution.

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10 Skills to Sharpen Strategy Formulation Capability

What is the Eco System of Strategy ?

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What is the ecosystem of the strategy ?

Most of us have a
tendency to perceive
strategy with respect to
our competitor.

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What is the ecosystem of the strategy ?
Mckinsey 7 s Model is a great model
that adds vital perspective for the
strategy ecosystem.

Skill 4 :

Strategy ecosystem = Mckinsey 7 S Model

( 3 Soft S + 4 Hard S)

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10 Skills to Sharpen Strategy Formulation Capability

What are the 9 Blocks of Strategy ?

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What are the 9 Blocks of Strategy ?

Most of us unable to
differentiate type of
thinking and tools
required for different
phases of strategy.

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What are the 9 Blocks of Strategy ?

While playing a strategist role .

It is great advantage if you can
determine in which block you are .

Skill 5 :

Strategy = 3 levels and 3 phases = Total 9 Blocks

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10 Skills to Sharpen Strategy Formulation Capability

What are the Key elements of

Strategy Formulation ?

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What are the Key elements of strategy formulation ?

Most of us have a very

limited view about
these 4 elements.

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What are the Key elements of strategy formulation?
In order to craft a strategy you are
required to master these 4 elements.

Skill 6 :

Strategy Formulation Key Elements = Customer

+ Environment + Competitor + Pattern (CECP)

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10 Skills to Sharpen Strategy Formulation Capability

Customer From Strategy Point of

View ?

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Customer from the strategy point of view

Most of us think
customer as a group
consuming our services
& Products.

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Customer from the strategy point of view
Always map customer segment perception in
terms of
(Must Have/Satisfiers /Delight)
for the services and product you are
providing.

Skill 7 :

Customer = Map (Segments with degree of perception

with your services & products)

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10 Skills to Sharpen Strategy Formulation Capability

What is Environment from strategy

Point of View ?

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Environment from the strategy point of view

Most of us think
In terms of SWOT
without knowing how
to use it .

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Environment from the strategy point of view

Crafting strategy combining all 4 is

a vital step.

Skill 8 :

Environment = Internal (Strengths , Weakness) +

External ( Opportunities, Threads)

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10 Skills to Sharpen Strategy Formulation Capability

Competitor from strategy Point of

View ?

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Competitor from the strategy point of view

Most of us think
Think Competitor in
terms of a rival
organizations only .

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Competitor from the strategy point of view

The Circle of competitor is

increasing at a fast rate.

Skill 9 :
Competitor = Organization + Substitutes + Technology
+Networks

=
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10 Skills to Sharpen Strategy Formulation Capability

What is Pattern ?

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What is Pattern ?

Most of us have no
idea.

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What is Pattern ?
Three step process
1. Input – Your Organization
Competitive position +
Market Growth
2. Identify your Quadrant
3. Selection
Skill 10 :

Strategy Pattern = Identify Quadrant + Selection

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10 Skills to Sharpen Strategy Formulation Capability

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