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DIFFERENT
WAYS TO
DEFINE
STRATEGY
www.semiosearch.lt
strategy exists on so many levels: account planning
in advertising, brand strategy on brand level,
marketing, business, corporate strategies on their
respective levels
and yet there is no single way
to define what strategy is in
the business world
…the topic of strategy can not be
explained as a set of straightforward
definitions and rules to be memorized and
applied. The strongly conflicting views mean
that strategy can not be summarized into
broadly agreed on definitions, rules, matrices
and flow diagrams that one must simply
absorb and learn to use.
BOB DE WIT and RON MEYER
Strategy: process, content, context
so let’s take a look at different
way to think about strategy
POINT OF VIEW
STRATEGY AS…
STRATEGY AS…
“The creation of new strengths through
subtle shifts in viewpoint. An insightful
reframing of a competitive situation can
create whole new patterns of advantage
and weakness. The most powerful
strategies arise from such game-
changing insights”
RICHARD RUMELT Good Strategy, Bad Strategy
POINT OF VIEW
Richard Rumelt defines strategy not only something that
can be created by direct effort, but something that can be
discovered by changing the perspective.
REFRAME
FOR WHOLE NEW PATTERNS
OF ADVANTAGE AND
WEAKNESS
RICHARD RUMELT
DISCOVERY
STRATEGY AS…
STRATEGY AS…
“Strategising is therefore a discovery
process, where the game is won by those
who acquire sense and discard nonsense
faster than their rivals.”
JULES GODDARD and Tonny Eccles
Uncommon Sense, Common Nonsense
DISCOVERY
Richard Rumelt defines strategy not only something that
can be created by direct effort, but something that can be
discovered by changing the perspective.
DISCOVER
SENSE AND DISCARD
NONSENSE
JULES GODDARD
and Tonny Eccles
DIRECTION
STRATEGY AS…
A good strategy has an essential logical
structure that I call the kernel. The kernel of a
strategy contains three elements: a diagnosis,
a guiding policy, and coherent action. The
guiding policy specifies the approach to
dealing with the obstacles called out in the
diagnosis. It is like a signpost, marking the
direction forward but not defining the details
of the trip.
RICHARD RUMELT
Good strategy, bad strategy
DIRECTION
STRATEGY AS…
Direction works as a guiding principle that helps to unite and
co-ordinate all the elements that fall under strategic actions
PUT UP A SIGNPOST
A KERNEL THAT OUTLINES
DIAGNOSIS, A GUIDING POLICY AND
COHERENT ACTION
RICHARD RUMELT
LINK
STRATEGY AS…
Strategy is a link between firm and its
environment
ROBERT M. GRANT
Contemporary Strategy Analysis
LINK
STRATEGY AS…
MARTIN REEVES
Your Strategy Needs a Strategy
Your environment dictates your approach to strategy.
You need to assess the environment and then match
and apply the appropriate approach. But how do you
characterize the business environment, and how do
you choose which approach to strategy is best suited
to the job of defining a winning course of action
CREATE A LINK
BETWEEN THE ENVIRONMENT AND
THE COMPANY OR BUSINESS
ROBERT M. GRANT and
MARTIN REEVES
PATTERN
STRATEGY AS…
Strategy is the pattern of objectives,
purposes, or goals and the major policies
and plans for achieving these goals,
stated in such a way as to define what
business the company is in or is to be in
and the kind of company it is or is to be.
KENNETH ANDREWS
The Concept of Corporate Strategy
PATTERN
STRATEGY AS…
Strategy can be defined as a system where different areas
are clearly defined in relationship with each other and form
a unified picture
WEAVE A
PATTERN
OF PURPOSES, OBJECTIVES AND
GOALS
KENNETH ANDREWS
www.semiosearch.lt

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Strategy definitions: different persectives

  • 2. strategy exists on so many levels: account planning in advertising, brand strategy on brand level, marketing, business, corporate strategies on their respective levels
  • 3. and yet there is no single way to define what strategy is in the business world
  • 4. …the topic of strategy can not be explained as a set of straightforward definitions and rules to be memorized and applied. The strongly conflicting views mean that strategy can not be summarized into broadly agreed on definitions, rules, matrices and flow diagrams that one must simply absorb and learn to use. BOB DE WIT and RON MEYER Strategy: process, content, context
  • 5. so let’s take a look at different way to think about strategy
  • 7. STRATEGY AS… “The creation of new strengths through subtle shifts in viewpoint. An insightful reframing of a competitive situation can create whole new patterns of advantage and weakness. The most powerful strategies arise from such game- changing insights” RICHARD RUMELT Good Strategy, Bad Strategy POINT OF VIEW Richard Rumelt defines strategy not only something that can be created by direct effort, but something that can be discovered by changing the perspective.
  • 8. REFRAME FOR WHOLE NEW PATTERNS OF ADVANTAGE AND WEAKNESS RICHARD RUMELT
  • 10. STRATEGY AS… “Strategising is therefore a discovery process, where the game is won by those who acquire sense and discard nonsense faster than their rivals.” JULES GODDARD and Tonny Eccles Uncommon Sense, Common Nonsense DISCOVERY Richard Rumelt defines strategy not only something that can be created by direct effort, but something that can be discovered by changing the perspective.
  • 11. DISCOVER SENSE AND DISCARD NONSENSE JULES GODDARD and Tonny Eccles
  • 13. A good strategy has an essential logical structure that I call the kernel. The kernel of a strategy contains three elements: a diagnosis, a guiding policy, and coherent action. The guiding policy specifies the approach to dealing with the obstacles called out in the diagnosis. It is like a signpost, marking the direction forward but not defining the details of the trip. RICHARD RUMELT Good strategy, bad strategy DIRECTION STRATEGY AS… Direction works as a guiding principle that helps to unite and co-ordinate all the elements that fall under strategic actions
  • 14. PUT UP A SIGNPOST A KERNEL THAT OUTLINES DIAGNOSIS, A GUIDING POLICY AND COHERENT ACTION RICHARD RUMELT
  • 16. Strategy is a link between firm and its environment ROBERT M. GRANT Contemporary Strategy Analysis LINK STRATEGY AS… MARTIN REEVES Your Strategy Needs a Strategy Your environment dictates your approach to strategy. You need to assess the environment and then match and apply the appropriate approach. But how do you characterize the business environment, and how do you choose which approach to strategy is best suited to the job of defining a winning course of action
  • 17. CREATE A LINK BETWEEN THE ENVIRONMENT AND THE COMPANY OR BUSINESS ROBERT M. GRANT and MARTIN REEVES
  • 19. Strategy is the pattern of objectives, purposes, or goals and the major policies and plans for achieving these goals, stated in such a way as to define what business the company is in or is to be in and the kind of company it is or is to be. KENNETH ANDREWS The Concept of Corporate Strategy PATTERN STRATEGY AS… Strategy can be defined as a system where different areas are clearly defined in relationship with each other and form a unified picture
  • 20. WEAVE A PATTERN OF PURPOSES, OBJECTIVES AND GOALS KENNETH ANDREWS