Tag Archives: Business Strategy

BUSINESS STRATEGY QUESTIONS SET #007

The four questions to ask before you get ready to scale-up!

  1. Are you attracting and retaining the right people?
  2. Do you have a distinct sustainable strategy?
  3. Are all processes running smoothly and driving superior profitability?
  4. Are you managing your cash flow effectively?

Answering these questions can prepare you to scale-up fast.

Read more at Book Summary – Scaling Up: How a Few Companies Make It…and Why the Rest Don’t.

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BUSINESS STRATEGY QUESTIONS SET #006

Where and how does one begin the innovation process? Autodesk’s Innovation Strategist, Bill O’Connor, offers 7 questions:

  1. What could we look at in a new way?
  2. What could we use in a new way, or for the first time?
  3. What could we move, changing its position in space or time?
  4. What could we interconnect, for the first time or in a new way?
  5. What could we alter, in terms of design and performance?
  6. What can we make that is truly new?
  7. What can we imagine that would create a great experience for someone?

Source: https://labs.blogs.com/its_alive_in_the_lab/2016/08/the-autodesk-innovation-genome-is-part-of-a-process.html

BUSINESS STRATEGY QUESTIONS SET #005

How to create an integrated view of strategy? According to Kevin J. Boudreau, the most essential questions to address are:

  1. What Value Are You Intending to Create, and for Whom?
  2. How Do You Plan to Deliver That Value?
  3. What Is Your Competitive Advantage — Your Sources of Uniqueness?

Read more at

(1) https://hbr.org/2017/10/a-short-guide-to-strategy-for-entrepreneurs

(2) Designing Your Company: Creating, Delivering, and Capturing Value, Harvard Business School Strategy Unit Working Paper No. 16-131

BUSINESS STRATEGY QUESTIONS SET #003

What do you do better than others?

Is your entire organization aligned to do everything with this thinking?

If yes, then you are a “coherent” company. Paul Leinwand and Cesare Mainardi suggest taking a “Coherence Test” as illustrated in the image below.

 

Based on this, Paul Leinwand and Matthias Bäumler have listed the following 8 tough strategy questions.

References: (1) https://hbr.org/2017/11/8-tough-questions-to-ask-about-your-companys-strategy (2) https://hbr.org/2010/06/the-coherence-premium

Exciting Inaugural Launch of PEERSTART

Thanks to all the amazing entrepreneurs who made sure the event was a rocking success!

PeerStrat May 17 2014 Delhi
PeerStrat May 17 2014 Delhi

It was all about rich, in-depth and frank sharing of business challenges, opportunities, solutions and collaboration! A unique engaging rigorous Business Strategy Workout with cross-fertilization of ideas…

…and rich sharing of business referrals & leads!

Next meetup is on June 21, 2014 (3rd Saturday of each month)!

Thanks to #IndiaWowChat.com for covering our event, posting photos and sharing encouraging feedback about us on their Facebook Wall here:
Interesting new groups keep popping up in Delhi – the freshest is Peerstrat initiated by Omnizient Labs. This group is designed for entrepreneurs and SMEs. Participants review each other’s businesses and explore ways to grow faster and be the best in your industry. Lively insightful interaction!

To know more about the structure of PEERSTRAT see this presentation here.

We are getting a huge response on our Facebook post here. Bookmark http://facebook.com/peerstrat to stay tuned for more news and events.

PeerStrat Photo By IndiaWowChat
PeerStrat Photo By IndiaWowChat

PeerStrat on May 17 2014 New Delhi
PeerStrat Strategy Workout on May 17 2014 New Delhi