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One Minute Strategy Quick reference guide for Business Mangers in a hurry. Harsh Muthal 2014. 3 Basic Components of a strategy Process This will enable appropriately challenging goal setting and assist in devising a strategy for its fulfillment. Vision. Environmental Scan. Operations Review.
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One Minute StrategyQuick reference guide for Business Mangers in a hurry Harsh Muthal 2014 Biz Mantra Inc - Confidential
3 Basic Components of a strategy ProcessThis will enable appropriately challenging goal setting and assist in devising a strategy for its fulfillment Vision Environmental Scan Operations Review Objectives/Mission of the “Three Year Strategy” Macro Economic Environment Relative Performance Regulatory Regime Strategies & Year-wise Action Plans Performance Trends Customer Expectation Inputs into Goal Setting Inputs into Goal Setting • Revenue • Headcount • White spaces • Investments • Changes in direction, design • Etc. Competitor Activities Current Performance Alternatives Approaches Action Zone Discard / Keep Sensitivities and Risk Assessment Action Zone Discard / Keep
Harsh MuthalBusiness Consultant, Investor, Mentorwww.Biz-Mantra.com Harsh Muthal is a Founder and Managing Partner of Biz Mantra Inc, a boutique management consulting firm . He is also the Chairman and Co-founder at Spektrum Innovative Ventures, an advisory firm with interest in incubating innovative Software and Big Data products. He is an Executive Adviser at Blackmore Partners, a Chicago based Private Equity firm, where he supports acquisitions and management in the IT and Technology Industry Sectors. Reach Harsh at Harsh@Biz-Mantra.com Biz Mantra Inc - Confidential