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1953
1959 1966
63%
0%
49%
10%
BCG PERSPECTIVE
“In truth we had no
strategy other than the
idea of seeing if we
could sell anything in
the United States”
BUTCHERING
WEAKNESSES
B.A ain’t going in
no plane
STRENGTHS
Welding
Murdoch’s Mad
OPPORTUNITIES
Old school bus &
some scrap metal
THREATS
Villagers kidnapped
by outlaws
INTERNAL
CAPABILITIES
EXTERNAL
CONDITIONSPLAN
A strategy is a a one of a kind
response to a specific situation
It is a simple and informal
process of conscious thought
It is the sole responsibility
of the strategist
Implementation can only happen
after strategy is fully formulated
The Demand Chain
The McCann WorldGroup Way
Brand Building the Nestlé Way
The Virgin Way
The Profero Way
The Diageo Way of Brand Building
The Lowe Institute Toolkit
Unilever’s Crafting Brands For Life
The VCCP Methodology
Produce each of the component
parts,
assemble and hey presto: strategy.
For clients, often closely linked
with budgeting process
But analysis is not synthesis
MASS
NICHE
UNDIFFERENTIATED DIFFERENTIATED
COST FOCUS
PIONEER
PREMIUM NICHE
COST LEADERSHIP
FAST FOLLOWER
Market structure drives deliberate positional strategies
There are limits to the desirable strategies in any given situation
End up with a basic number of “generic” strategies
But unable to distinguish getting there from being there
Long Legs
Short Legs
Not powerful Powerful
Tortoise
Panther
Hare
Searching for new opportunities from doing
something new or something in a new way
Requires vision: insight / foresight
The process is semiconscious at best
Deliberate in overall vision,
emergent in how details unfold
An agile, responsive structure is desirable
Dramatic leaps forward are possible
in the face of uncertainty
WHAT IS STRATEGY?
A POSITION?A PLAN? A PROCESS? A PERSPECTIVE?
HOW IS STRATEGY DONE?
YOU’RE BIASED
Search for supporting evidence
Inconsistency
Conservatism
Recency
Availability
Anchoring
Illusory correlations
Selective perception
Regression effects
Attribution error
Wishful thinking & optimism
Underestimating uncertainty
Strategic decision making is not rational but a vain attempt to be rational
Concepts, maps & frames are distortions of the world
Strategy is interpretative
Information > Shared meaning > Frame > Socialise > Decide > Act
THE LEARNING SCHOOL
THE LEARNING SCHOOL
Strategy is the process of learning over time
Behaviour stimulates thinking retrospectively
Novel strategies emerge
At the limit, strategy formation
& implementation are
indistinguishable
Strategies appear first as patterns
out of the past, only later as plans for
the future, and ultimately perspectives
to guide overall behaviour
THE POWER SCHOOL
THE POWER SCHOOL
THE POWER SCHOOL
Organisations consist of individuals with dreams, hopes, jealousies, interests and
fears
Developing strategy is a political process
There are coalitions of interest groups with enduring differences
in values, beliefs, interests and perceptions of reality
Who gets what
Goals and decisions emerge from bargaining, negotiation and jockeying
HOW IS STRATEGY DONE?
POWER
GAMES?
MENTAL
CONCEPTION?
EMERGENT
PATTERNS?
IS THERE A GRAND UNIFIED THEORY?
Purpose of strategy is to maintain stability but to
periodically recognise the need for transformation
There’s a time and a place for each approach
Defend, Prospect, Analyse & React
STABILITY <> CHANGE
PROCESS POSITIONPLAN PERSPECTIVE
POWER
GAMES
EMERGENT
PATTERNS
MENTAL
CONCEPTION

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Part 1: The Different Schools of Strategy

  • 1.
  • 5. “In truth we had no strategy other than the idea of seeing if we could sell anything in the United States”
  • 7.
  • 8. WEAKNESSES B.A ain’t going in no plane STRENGTHS Welding Murdoch’s Mad OPPORTUNITIES Old school bus & some scrap metal THREATS Villagers kidnapped by outlaws INTERNAL CAPABILITIES EXTERNAL CONDITIONSPLAN
  • 9. A strategy is a a one of a kind response to a specific situation It is a simple and informal process of conscious thought It is the sole responsibility of the strategist Implementation can only happen after strategy is fully formulated
  • 10.
  • 11.
  • 12. The Demand Chain The McCann WorldGroup Way Brand Building the Nestlé Way The Virgin Way The Profero Way The Diageo Way of Brand Building The Lowe Institute Toolkit Unilever’s Crafting Brands For Life The VCCP Methodology
  • 13. Produce each of the component parts, assemble and hey presto: strategy. For clients, often closely linked with budgeting process But analysis is not synthesis
  • 14.
  • 16. Market structure drives deliberate positional strategies There are limits to the desirable strategies in any given situation End up with a basic number of “generic” strategies But unable to distinguish getting there from being there
  • 17.
  • 18. Long Legs Short Legs Not powerful Powerful Tortoise Panther Hare
  • 19.
  • 20. Searching for new opportunities from doing something new or something in a new way Requires vision: insight / foresight The process is semiconscious at best Deliberate in overall vision, emergent in how details unfold An agile, responsive structure is desirable Dramatic leaps forward are possible in the face of uncertainty
  • 21. WHAT IS STRATEGY? A POSITION?A PLAN? A PROCESS? A PERSPECTIVE?
  • 23.
  • 24. YOU’RE BIASED Search for supporting evidence Inconsistency Conservatism Recency Availability Anchoring Illusory correlations Selective perception Regression effects Attribution error Wishful thinking & optimism Underestimating uncertainty
  • 25.
  • 26. Strategic decision making is not rational but a vain attempt to be rational Concepts, maps & frames are distortions of the world Strategy is interpretative Information > Shared meaning > Frame > Socialise > Decide > Act
  • 28. THE LEARNING SCHOOL Strategy is the process of learning over time Behaviour stimulates thinking retrospectively Novel strategies emerge At the limit, strategy formation & implementation are indistinguishable Strategies appear first as patterns out of the past, only later as plans for the future, and ultimately perspectives to guide overall behaviour
  • 29.
  • 32. THE POWER SCHOOL Organisations consist of individuals with dreams, hopes, jealousies, interests and fears Developing strategy is a political process There are coalitions of interest groups with enduring differences in values, beliefs, interests and perceptions of reality Who gets what Goals and decisions emerge from bargaining, negotiation and jockeying
  • 33. HOW IS STRATEGY DONE? POWER GAMES? MENTAL CONCEPTION? EMERGENT PATTERNS?
  • 34. IS THERE A GRAND UNIFIED THEORY?
  • 35.
  • 36.
  • 37. Purpose of strategy is to maintain stability but to periodically recognise the need for transformation There’s a time and a place for each approach Defend, Prospect, Analyse & React
  • 38. STABILITY <> CHANGE PROCESS POSITIONPLAN PERSPECTIVE POWER GAMES EMERGENT PATTERNS MENTAL CONCEPTION

Notas do Editor

  1. 650cc Triumph Thunderbird
  2. “a highly competitive cost position which the Japanese used as a spring board for penetration of world markets with small motorcycles”
  3. Big <> Small Slow <> Fast
  4. Less smart, more effective