Supply Chain Challenges Mar 30,
Share on LinkedIn InsightaaS: In today's feature, Hagel explains that "strategies of terrain" are poorly suited to today's environment and that "strategies shaped by trajectory.
Strategies of terrain, he says, are shaped by "your current position and the current landscape surrounding your existing position. The first response was to focus on core competencies as the author of a book entitled " The Death of Core Competency. The other, "hustle," is focused on speed of response - a curious metric for strategy.
In an exponential world, it stands to reason that our traditional, linear approaches to strategy will need to be re-thought from the ground up. One way to characterize the big shift in strategy is that we are moving from strategies shaped by terrain to strategies shaped by trajectory. What do I mean by this?
Strategies of terrain If you think about traditional approaches to strategy, they were profoundly shaped by the current landscape. The job of the strategist was to look across the surrounding terrain from the vantage point of the company and determine what were the most favorable positions to occupy — where could the company build positions of sustainable competitive advantage?
Sure, there was a dynamic component to the strategy — your actions could alter the landscape and any good strategist would need to anticipate the likely actions of existing competitors and potential new entrants.
But the starting point was always your current position and the current landscape surrounding your existing position. But as the world changed, so did strategy. As the terrain become more unstable, evolving at a faster and faster rate with increasing uncertainty as to potential outcomes, the horizon of the strategist began to shrink in two ways.
First, strategists shifted from a view of the external terrain to a view of the internal terrain.These strategies also work for swing trading and also with the stock market, the Forex market and commodities.
The trading systems I share here are based on technical analysis (chart reading) and therefore can actually be applied to any financial market that can be traded. Blue Ocean Strategy – Part 1 Comparative of Red Ocean and Blue Ocean Red Ocean Compete in existing market.
Concern with competition Focus on existing customers Work with existent demand/ market share Deal with value and cost trade-off (creating value at higher cost OR creating reasonable value at low cost) Whole company is aligned with the strategy of differentiation OR low cost Blue .
In How to Build a Strategy, Part 5: Risk Management, we looked at what many traders consider to be the most important part of creating, trading, and maintaining a trading approach; and that is the.
International Journal of Business and Social Science Vol. 5, No. 9(1); August Factors affecting Effective Strategy Implementation in a Service Industry: A Study. Part 1: Business Failure Analysis. Select a business that failed and one that succeeded within the last 5 years.
Identify each organization’s objectives, vision, and mission. Determine the indicators of the business failure and success from research. These may include aspects of the leadership style, communication, structure, and so forth.
Adaptation to climate change: national strategy and policy. and policy Adaptation to climate change: national strategy Inhoud Part I Conclusions, recommendations and government response 1 1 About this audit 2 Background 2 Adaptation to climate change: national strategy Part I Conclusions, recommendations 1 and government response.