Strategy about Strategy

As a partner or owner of a business, firm, store or company, you eat and sleep strategy. "How can we... generate more profit, ...compete more effectively, ...hire better team members, ...become more productive, ... forecast changes better, and so on and so on.

It's helpful to think about types of strategy and pick how you'll position your company related to each type of strategy. These four buckets of strategy create opportunities to think in and out of the box as well as inside and outside of the company:

1. Environmental ecology frameworks helps you analyze the external environment in light of the opportunities and threats facing your organization.

2. Competitive positioning frameworks help you decide best ways to differentiate yourself from others by making best use of your strengths.

3. Resource and capability frameworks provide insights and analysis of the internal resources available to employ in the competitive strategy going forward.

4. Strategic growth frameworks provide opportunity to glean insights from a wider analysis of environment, competition and capabilities. Create pathways for strategic development.

Managing performance strategically means you need frameworks and tools to use in measuring your progress. These frameworks keep the future prosperity and sustainability of the company top of mind.

Reserve your complimentary consultation today to discuss strategic moves for your company.

Sign Up Here

________________________________________________________________________

ProVision Business Advisors

We've always understood that communication is the key to building trust and understanding, especially with your family members who support you in your business pursuit. Bechard's 25-year tenure in Alberta’s post secondary sector coupled with an MBA and M.Ed provided her with extensive experience in organizational development, instruction, leadership and performance management.

An award winning MBA, Senior Advisor Laura Bechard advises professional services firms on key strategies and fundamentals to build their business, consultancy or practice. By doing so, they generate cash flows to achieve their life’s goals and develop a sound plan to exit the business as they retire. As a Chartered Professional Accountant and active volunteer with the Institute for Performance and Learning and alumni of the Alberta Government’s Board Development Program, Laura’s reach extends into the Not-for-Profit sector where she supports the development of sound strategic plans, stronger boards and sustainable business practices.