Strategy Model
What is the first step in the strategy model?
External Analysis
How many competitive advantages does an organization/ business need to be successful?
Around 2-3 Days
What makes you unique can give you what type of advantage?
Competitive advantage
What is the first half of the Strategy Model called?
Formulation
What is it called when you ensure that the organization is considered a player in the market.
Half Strategy
What kind of research helps establish the list of where customers evaluate their competitors?
The Voice of the Customer (VOC)
What is the last step in the strategy model?
Alignment
What is the fundamental rule in many organizations?
Structure follows strategy
All strategists use this to determine competitive advantages.
Resource-based analysis
What is the second half of the Strategy model called?
Implementation
What is organizational capability?
It is a wide-ranging and often qualitative analysis
What two things are critical for the success of the implementation of promises?
Communication and Transparecy
Where does good strategy start?
Outside the Organization
What must be communicated to the organization to ensure everyone gets the message?
A mission, a vision, and values/principles
What are the five elements of the RBA?
Rare, non-substitutable, non-transferrable, durable, and valuable