"The Weave of A Strategy: Casting Success in a Complex World" Part 1
How Interlacing Business Models and Market Dynamics Creates Adaptability:
Think of a strategy as a unified piece of fabric, of which the material’s strength and durability emblematize the strategy's resilience and ability to withstand challenges.
Warp (The Vertical Threads) represents the core business model of an organization, where these vertical threads provide the foundation and structure, depicting the bedrock for businesses, yet it remains constant. Whereas, ?the weft (the horizontal threads) represents the external environment. Those horizontal threads interweave with the core business model, representing how external factors like market conditions, competition, and customer behaviour interact with and influence the business.
The Woven Pattern, the way the warp and weft are interwoven illustrates the integration of the core business model with the external environment. A strong, tight weave indicates a well-aligned strategy that is both resilient and adaptable, providing the necessary strength to face volatile markets.
Single Threads, both warp and weft embedded in the fabric differ in colour and texture, exemplifying different aspects of the strategy, goals, tactics, resources, and external factors. The unity and strength of these threads determine the overall resilience of the strategy.
Seams & Edges, The seams or edges of the fabric represent the boundaries and constraints of the strategy, defining its scope and limits. Moving beyond the seams would impose a high level of uncertainty.
Embellishments, symbolize areas of focus, innovation, or key differentiators within the strategy. These also represent the adaptability of the strategy to technological disruptions.
Tension of the Fabric, the strength of the fabric reflects the resilience of the strategy. The more robust the weave, the more resilient and flexible the strategy, enabling it to endure and adapt to volatile markets.
Projects Export Director at Oriental Weavers Hospitality
7 个月Well written ????