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Navigating the Uncharted: A Reflection on 2023 and Strategic Planning for 2024

CMOE

Facilitate discussions linking organizational changes to individual roles, fostering ownership. Sense-Making, Market Review, and Applying Insights: Continuously review market conditions, identify trends, and stay alert to anomalies. Foster a culture of proactive feedback to enhance organizational agility.

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Strategy case studies and more matrices

Red Star Kim

The used an external facilitator and sent an advance questionnaire (positioning, approach to sectors and services, rates of growth, culture, service delivery, learnings from other firms) to all partners. They used the eight step process of John Kotter in his book “Leading Change”.

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Context and curiosity drive commerciality and pricing

Red Star Kim

As well as marketing and business development executives and managers there were also those in specialist pricing and bid roles. This supports career development by broadening knowledge, facilitating collaboration and becoming T-shaped. And the strategic need to align marketing objectives to a firm’s strategic intent.

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[Q&A] How can you use ChatGPT in strategic planning?

OnStrategyHQ

You can use ChatGPT to easily streamline some of your basic-level tasks, like synthesizing data, creating tables or outlines, and even asking it for simple market data or competitive analysis. Using ChatGPT in your daily work can free up your time for deeper and more strategic thinking! Great question!

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Book review: The Strategy Book by Max McKeown

Red Star Kim

I deliver and facilitate strategy workshops and it’s always good to be able to recommend strategy books to delegates. This one is equally helpful for experienced leaders and students first grasping the principles of strategic thinking. And the differences when the market is stable or changing dynamically.

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Thinking about starting your own business? Here’s what to know

ACT

It should define various aspects of your business, including your business idea , target market , structure, growth strategy, anticipated start-up costs , your mission, and vision. Identify and analyse potential competitors to get an insight into market demand and begin to map out the kind of business you’d like to own.

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Key Elements of Successful Strategy Implementation and Execution

AchieveIt

Strategies can fail right at the start of implementation because stakeholders don’t get it, the market changes, or it’s just hard to turn big plans into everyday actions that the team can handle. Regular progress tracking should involve assessing how important strategic objectives are in light of new information.