When is the classical approach to strategy the right choice for your company? In their book, Your Strategy Needs a Strategy, Martin Reeves and his co-authors,1 emphasized the importance of the classical approach to strategy for established and larger companies. A great summary of their work can be found in the Harvard Business Review2 or in the Boston […]
What is the best strategy to build and maintain a successful company? The answer depends on your industry and environment and usually consist of more than just one approach. Depending on your needs you might want to adopt different strategies to be able to respond to changes in your industry and environment fast enough to […]
In today’s blog post, I will share another useful business tool, the MoSCoW analysis. What is the MoSCoW analysis? The MoSCoW analysis is a popular prioritization technique for managing requirements and used in business analysis or project management. The purpose is to reach a common understanding with stakeholders on the importance they place on the delivery […]
In today’s blog post, I will share another great business tools, the Critical Success Factors (CSFs). What are Critical Success Factors? These are factors that will determine your companies success or failure. For example, sometimes it can be hard to get everyone in your team to focus on what really matters. That’s where Critical Success […]
What sets you apart from your competition? In today’s blog post, we’ll explore how you can use the USP Analysis to find and create your Unique Selling Proposition (USP) so your company can stand out and stay ahead of your competitors. To be successful in your business you´ll need something that customers uniquely value and […]
What does it take to build a sustainable competitive advantage for your company? In today’s blog post, I will share how your company can stand out, get ahead and stay ahead of your competitors. One way to create a long-term sustainable and successful company is to have something that customers uniquely value and that positions you as the […]
Business models age faster than ever before. They are challenged by increased marketplace volatility and the rising diversity of attractive customer segments. What is the solution? Best addressed is this challenge with business model innovation an important strategy for driving value-creating growth. It can be deployed to both defend and disrupt. It helps to decline competitiveness and to […]
In today’s blog post, I will show you the 9 elements of the business model canvas blueprint. In my last blog post I shared what a business model canvas is, who created this tool, what the advantages are and how you can test your business model performance. Now, let´s explore the 9 elements of the […]
In today’s blog post, I will share one of the great design thinking tools, the business model canvas. I will show you how to use this tool to create great results! If you take a meta view on your company´s products and services, it will provoke new insights and will result in a clearer perspective […]
In today’s blog post, I will share how to use the SOAR analysis for your strategic decision-making. This tool guides your company´s strengths and potential to create a shared vision of a positive future. Rather than focus on weaknesses or areas for improvement, the SOAR analysis encourages you to focus on what your company excels […]