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Great Strategy
Is Your Strategy Upto Date? The world has changed and so must your Strategy.
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What is Strategy?
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Describe your industry structure
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What is your company value proposition?
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How is your value proposition different from every other one in your industry?
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What are the merits of the competitive path not chosen by you?
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How is your value process different from every other one in your industry?
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On what logic is your relative price based?
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Does everyone in the organisation understand which decisions and actions they are responsible for?
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Do higher-level managers delegate operational decisions? Why/Whynot?
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How quickly does information flow within and across organisational boundaries?
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Quickly
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Other:
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How quickly does information about the competitive environment flow to the corporate headquarters?
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Slowly
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How consistent are you in emphasizing the moral value of your strategy?
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Are you clear on the difference between operational improvement and strategy?
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Is your choice of strategy democratic?
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How is your strategy measured?
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