Insights

If you are new to Hoshin Kanri (Policy Deployment), I’m sure your curiosity to learn about Hoshin Kanri (Policy Deployment) would have left you more confused about X-matrix. This article attempts to clarify the construct of a Hoshin Kanri (Policy Deployment) X-matrix. If you haven’t already read my article, ‘What is Hoshin Kanri (Policy Deployment) […]

It is common to gather the voice of customers (VOC) to understand their changing needs. This helps any organization to better serve its customers. By learning about specific needs; products and services can be customized. Thus over a period of time, organizations build the know-how of segmenting customers very precisely. This helps in creating and […]

Blue Ocean strategy shapes strategic structure to create new demand and generate high growth for the company. To create such a strategy, there are a set of analytical tools and frameworks used in formulating and executing it. The first and foremost tool in value innovation and creation of blue ocean strategy is the strategy canvas. […]

In simple terms, strategy is the ‘how’ part of achieving goals under certain conditions, constraints, restrictions and assumptions. In ancient Greece the word ‘strategos’ was referred to as the role of an individual – a general in command of an Army. A good strategy should equally focus on execution & communication. In Blue Ocean Strategy, […]

To break from competition, a organization has to reconstruct the market boundary which is the first and foremost principle in creating blue ocean strategy. There are six basic approaches to reconstruct market boundaries, also known as Six Paths Framework. These paths challenge the conventional approach of the organization in strategy formulation to work within its […]

Curated & re-contexted from the original article of Mr.Thiagarajan, Indian Bank In both the Great Epics of India, Ramayan and Mahabharata, war ends not with celebration of victory but with transmission of knowledge. In the Ramayan, Ravan lies mortally wounded on the battlefield and the monkeys are celebrating their victory, when Ram turns to his […]

‘Skyfall’ became the highest grossing film of all time at UK box office with earning nearly £103m. Global earnings of the 23rd Bond movie crossed $1.1Bn. This makes it the first film in the Bond franchise to reach that total and the highest-grossing film in Sony Pictures history. It is the 14th film to gross […]

The strategic planning process can sometimes get really complicated. Especially when it comes to large enterprises with multiple lines of business, where each of the lines of business are unique and have nothing common between them. The objective of this article is not to give prescriptive advise on what will work for particular situation, but […]

Management of Strategies is a vicious cycle. Most organizations aggressively start them and progress till they hit execution roadblocks, they stumble and quit. By then, its time for the year’s performance evaluation so they scramble and fire fight to achieve their goals. 12 Step Strategic Management Cycle is a comprehensive approach that leverages the principles […]

If you are new to Strategic Planning and want to familiarize yourself on what a strategic plan is and how to go about preparing one, then this article will be useful. Strategic plans are prepared at different levels using different approaches, but the ones mentioned below are 5 important elements of a good strategic plan. […]

Team ‘Karma’ – First & most important step for your organization’s success in strategy execution In cricket, a batsman in good form compensates for the runs missed by his partner. Let’s say in a situation where they need 26 runs to win in 2 overs. They don’t set individual targets such as 13 runs per […]

6 Ways to find out if your organization’s strategic planning process is doing its job!   I’m sure your organization has a strategic planning process in place. And if you are responsible for this process, or if you are one of the key stakeholders in strategic planning and policy deployment, this note will help you […]