What are the key factors that shape your strategic environment?

1?? Industry dynamics are crucial in sectors on the edge of disruption or that change often. For example, ?? Tesla operates in the EV segment, influenced by government ??? emissions regulations, ??? technological advances in ?? battery storage, and ?? consumer shifts towards sustainable ?? transport. ?? 2?? Tesla's success is because it positioned itself as an EV ?? pioneer and stands out ?? through top-notch ?? product quality and ?? tech leadership. ?? 3?? Beyond that, Tesla also keeps an ??? on their broader ecosystem and uses tools like ?? data analytics for better decision-making. ?? 4?? Flexibility over long-term strategy allows businesses to adapt ?? swiftly to changing industry dynamics, often a ?? to long-term ?? success.

Industry and market dynamics shape the entire landscape on strategy and is an important factor in the current VUCA world (Volatile, Uncertain, Complex and Ambiguous) with rapidly changing business propositions. The PESTEL analysis (Political, Economic, Social, Technological, Environmental, Legal) strategic framework will help monitor and assess all such dynamic factors that are captured in the operations of an organization at both business and corporate strategy levels. Porter's five forces model on the other hand helps focus on product-market-industry relations by detecting the strategic landscape with respect to suppliers' & customers' power, new entrants, product threats, changing costs/products etc.

If we take Tesla as an example ??, it has to consider the interests of consumers eager for innovative, eco-friendly cars ??; shareholders ?? who are focused on growth ?? and profitability ??; regulatory bodies ?? emphasizing emission standards ??; and a public ?? increasingly concerned about sustainability ??. Further, the company has to update and interact with their stakeholders to manage expectations regularly ??. You can use tools like stakeholder maps ?? to prioritize which group's needs are most crucial at different phases of the business ??. In conflicts, strategic prioritization ?? is essential; sometimes focusing on long-term vision ?? might override short-term stakeholder pressures ?.

?? In today's world, upskilling is crucial, and organizations like Amazon ?? are nailing it by aligning organizational capabilities with their strategic objectives. ?? From logistical networks ?? to cutting-edge algorithms ??, Amazon deploys its resources effectively to maintain its customer-centric ?? approach. Their tech ??, supply chain ??, and data analytics ?? capabilities are tightly aligned with their goal of being the "Earth's most customer-centric company." ?? ?? Companies must attract top talent ???????? and scale ?? their capabilities—from skills and resources to systems and processes—to align with external stakeholders ??. This helps in creating synergies ?? and having feedback loops ?? to adapt and refine their capabilities.

Mickinsey's 7S (Structure, Strategy, Systems, Skills, Style, Staff & Shared Ideas) strategic model helps assess the various factors that shape organizational capabilities and design. It can be used to make changes wherever necessary usually in long term via a top-down strategy deployment approach from top management to staff. A further detailed analysis of the 7s model would be to assess the hard S's and Soft S's included within the framework to create an optimized and balanced position in light of the shared values .

Working the last 10 years in the aerospace and defense sector, I have aligned 4 key points in my strategy to support executives and companies to participate in the market. 1- Market Knowledge Knowing the Market Size and its actors, become a (FCS) Critical Success Factor for our businesses. Know the Legislation for Importation, Deadlines, Logistics, We must be attentive to these points.

Strategic partnerships remain a strategic imperative that offer to reduce expenses and increase mutually beneficial business. A good?strategic partner is a company that either offers services you can use within your own company or that you can offer to your customers and clients while offering your own services to their customers. These partnerships can expand your customer base, brand awareness, overall reach and service functionality.