Summary of Strategy Skills

The Importance of Strategy

A strategy is what will give you an advantage and help sustain that advantage or what unique position will the company achieve.

Six questions to help form strategy:

Why do we exist?

Where are we going?

How will we conduct ourselves?

What will we do?

How will we measure our success?

What improvements or changes must we make?

Is your ocean blue?

Tools to develop strategies

StoryboardingStrategy DeckMind MapSWOT Analysis

Story Boarding

Benefits of using a story board Creates a blue print of your idea Moves idea along by using the format of a story Makes areas that require change easier to find

Strategy Deck

Benefits of a strategy deck Clearly outlines strategic objectives without the

rhetoric Creates distinct and measurable goals

Mind Mapping

Benefits of a mind map Creates a blueprint of current progress and needed

objectives Branching allows you to add different goals and

objectives later Helps link disconnected information into a

symmetrical view of an organization

SWOT Analysis

Benefits of a SWOT Analysis Lists key information about a company Helps to determine whether or not a company is a

good or bad risk Offers objective possibilities for future growth and

potential hazards to the company

The Art of War

A guide to building a successful strategy to ensure success of goals and visions

Helps companies prioritize goals and set manageable plans of action

Can be used in a number of fields outside of the military like business

Summary

An organization is not guaranteed success just because it exists.

It needs a solid strategy in order to succeed Tools like mind mapping, strategy decks, story

boarding and SWOT analyses will help organizations build successful strategies