Approach

Description of the four phases to define a strategy

Establish the Business Perspective

  • The Strategic intent of the business
  • and the intentions relevant to the Strategy Area and the strategy to be built
  • The Business’ Objectives lead to
  • Particularly those relevant to the Strategy Area and the strategy to be built
  • The Business Strategies to attain the above Business Objectives
  • The Value Chain, ie. Business Processes executed under these strategies
  • The Critical Success Factors, required to successfully execute the strategies.

Establish the Actual ‘As Is’ Perspective

  • The support required from the Strategy Area is derived from the Business Perspective.
  • The actual support provided by the Strategy Area to the Business Strategies, Processes and CSFs.
  • Support and related business practices regarded as Best Practice are researched.

Calculate the Gap

Business’ requirements - Actual support by Strategy Area = Actual Gap
Best Practice - Actual support by Strategy Area = Best Practice Gap
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= Total Gap

Develop the Strategies

  • The development of the strategies follows the definition, that a strategy is the way to attain an objective. In the present case the objectives are to close the gaps.