Staging: Strategic Sequencing of Key Moves
Greg Fisher
Larry and Barbara Sharpf Professor of Entrepreneurship at Indiana University
[I am doing a series of posts that discuss each of the important elements of strategy as laid out by Hambrick and Fredrickson in their classic 2005 article: Are you sure you have a strategy?]
In strategy, knowing what to do is only part of the puzzle. The when and in what order are just as important. That’s where staging, or strategic sequencing, comes into play. It’s about identifying the optimal speed and sequence of moves to ensure your strategy builds momentum, utilizes resources effectively, and positions your business for sustainable success.
This timing aspect of strategy is one of the most understudied yet potentially impactful aspects of strategy. For my academic colleagues, it is an area that needs more theoretical and empirical research.
Why Strategic Sequencing Matters
Without careful sequencing, even the most brilliant strategies can falter. Businesses risk:
Strategic sequencing allows businesses to focus on whats important at a particular point in time, build momentum, and adapt along the way.
Key Principles of Strategic Sequencing
Practical Examples of Strategic Sequencing
Key Questions to Apply Strategic Sequencing to Your Business
Here are some practical questions to consider when sequencing elements of your strategy:
Prioritize Actions
领英推荐
Set a Realistic Timeline
Capitalize on Momentum
Adapt to Change
Example: A Regional Food Brand’s National Expansion
Stage 1: Build brand awareness in local farmers’ markets and refine product offerings based on customer feedback.
Stage 2: Launch in regional grocery chains to gain a foothold in a broader market.
Stage 3: Invest in national distribution and online sales platforms.
Stage 4: Expand into international markets, leveraging brand recognition and operational experience.
Each stage builds on the previous one, ensuring resources and capabilities align with growth.
Take Away...
Strategic sequencing, or staging, isn’t just about what you’ll do—it’s about when and how you’ll do it. By prioritizing foundational steps, leveraging early wins, aligning resources, and adapting to market dynamics, you can bring your strategy to life with precision and impact.
Tomorrow, I will discuss the "Economic Logic" element of strategy.
Executive |Lean 6 Sigma Practitioner| Management Consultant| Business Improvement|Business Turnaround & Transformation|Business Process Management| Change Manager| Strategic Program Manager
1 个月Easy of Implementation and Impact with a prioritisation matrix would be determinants in which strategic initiatives to pursue taking return on investment and payback period calculations into consideration. The quick wins links back to Kotters 8 steps in change management. It’s an important step to build momentum with the execution and to anchor the changes.
Visiting Assisant Professor of Management, University of Nevada, Las Vegas
1 个月I hope you don’t mind a bit of shameless self-promotion, Greg. I’ve been developing a sequence stability measure ideally suited for analyzing strategic moves. Currently, I’m applying it to examine how acquisitions and alliances shape strategic trajectories. I look forward to having the chance to discuss this tool with you. You can see more about my current work here:?https://sites.google.com/view/juliaylee/home
Professor at Auburn University
1 个月Have you thought about gathering these posts together and creating a Business Horizons piece? It's been 20 years and a current take on the framework would seem valuable, at least to me.