The document outlines ten essential skills for enhancing strategy formulation capabilities, emphasizing that strategy involves both formulation and execution. It details the importance of understanding the ecosystem of strategy, identifying key elements such as customer perception and competitor analysis, and refining strategies through ongoing execution. Each person in an organization can play a role in strategizing, moving away from a traditional view of strategists as solely within top management.

1. 10 Skills – To Sharpen
Strategy Formulation
Capability
By Navdeep Agarwal
DeepBuddha.in

2. What image your mind perceive
when you first heard
the word
“Strategy”
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10 Skills to Sharpen Strategy Formulation Capability

3. Most of us associated it
with the planning or
mind activity.
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What is Strategy ?

4. Skill 1 :
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What is Strategy ?
Strategy = Formulation + Execution + Alignment
Planning is only 33 % part of the
whole .
66 % is related with the action.

5. Who is Playing a Strategist Role ?
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10 Skills to Sharpen Strategy Formulation Capability

6. Your answer CEO, COO
or
Top Management?
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Who is playing a Strategist Role ?

7. Each person in the organization
can contribute as a strategist.
Strategist role from a CXO’s
moving towards “Minds of Many”.
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Who is playing a Strategist Role ?
Strategist Role = Collective Role
(Driving + Participants)
Skill 2 :

8. How Strategies are born ?
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10 Skills to Sharpen Strategy Formulation Capability

9. It is never a onetime
affair that we will
frame and use it as a
map.
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How Strategies are born ?

10. DeepBuddha.in
How Strategies are born ?
Skill 3 :
Strategy = It is not a onetime affair
More than 2/3 will emerge while execution.
More than 75 % of insights will
come while you are executing the
strategy. It needs lot of refinement
as you proceed further .

11. What is the Eco System of Strategy ?
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10 Skills to Sharpen Strategy Formulation Capability

12. Most of us have a
tendency to perceive
strategy with respect to
our competitor.
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What is the ecosystem of the strategy ?

13. Mckinsey 7 s Model is a great model
that adds vital perspective for the
strategy ecosystem.
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What is the ecosystem of the strategy ?
Strategy ecosystem = Mckinsey 7 S Model
( 3 Soft S + 4 Hard S)
Skill 4 :

14. What are the 9 Blocks of Strategy ?
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10 Skills to Sharpen Strategy Formulation Capability

15. Most of us unable to
differentiate type of
thinking and tools
required for different
phases of strategy.
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What are the 9 Blocks of Strategy ?

16. While playing a strategist role .
It is great advantage if you can
determine in which block you are .
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What are the 9 Blocks of Strategy ?
Strategy = 3 levels and 3 phases = Total 9 Blocks
Skill 5 :

17. What are the Key elements of
Strategy Formulation ?
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10 Skills to Sharpen Strategy Formulation Capability

18. Most of us have a very
limited view about
these 4 elements.
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What are the Key elements of strategy formulation ?

19. In order to craft a strategy you are
required to master these 4 elements.
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What are the Key elements of strategy formulation?
Strategy Formulation Key Elements = Customer
+ Environment + Competitor + Pattern (CECP)
Skill 6 :

20. Customer From Strategy Point of
View ?
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10 Skills to Sharpen Strategy Formulation Capability

21. Most of us think
customer as a group
consuming our services
& Products.
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Customer from the strategy point of view

22. Always map customer segment perception in
terms of
(Must Have/Satisfiers /Delight)
for the services and product you are
providing.
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Customer from the strategy point of view
Customer = Map (Segments with degree of perception
with your services & products)
Skill 7 :

23. What is Environment from strategy
Point of View ?
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10 Skills to Sharpen Strategy Formulation Capability

24. Most of us think
In terms of SWOT
without knowing how
to use it .
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Environment from the strategy point of view

25. Crafting strategy combining all 4 is
a vital step.
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Environment from the strategy point of view
Environment = Internal (Strengths , Weakness) +
External ( Opportunities, Threads)
Skill 8 :

26. Competitor from strategy Point of
View ?
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10 Skills to Sharpen Strategy Formulation Capability

27. Most of us think
Think Competitor in
terms of a rival
organizations only .
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Competitor from the strategy point of view

28. Skill 9 :
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Competitor from the strategy point of view
Competitor = Organization + Substitutes + Technology
+Networks
=
The Circle of competitor is
increasing at a fast rate.

29. What is Pattern ?
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10 Skills to Sharpen Strategy Formulation Capability

30. Most of us have no
idea.
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What is Pattern ?

31. Skill 10 :
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What is Pattern ?
Strategy Pattern = Identify Quadrant + Selection
Three step process
1. Input – Your Organization
Competitive position +
Market Growth
2. Identify your Quadrant
3. Selection

32. Thanks !
Please share your Views
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10 Skills to Sharpen Strategy Formulation Capability