on strategy making by munas kalden

26
Strategy Making Munas Kalden, Consultant

Upload: munas-kalden

Post on 29-Jan-2018

433 views

Category:

Education


2 download

TRANSCRIPT

Strategy Making

Munas Kalden, Consultant

Strategy

..is taking an unique

stand in

a strategically selected

market or industry. munas kalden

2

Not Better than competition

But Different to competition

munas kalden

3

Underlying assumption

Belief

Values

munas kalden

4

Differentiation

munas kalden

5

Strategy as

Position (stand)

munas kalden

6

Key Questions

Who are you?

What do you stand for?munas kalden

7

Strategy: Three Correlates

Steps

Standing

Stand

munas kalden

8

An Example: Sri Lanka Tourism

Standing: of being a leading tourist destination

in Asia, and attracting million tourists per year.

Country Specific Steps: Programme X for the UK market

Programme Y for the Indian Market, and

Programme Z for the Middle East..munas kalden

9

Missing

Stand…………..?

Stand/position:

“a land like no other”!? munas kalden

10

Improving the Position

“a land like no other”-

Does not entail a position

taken on the market, to

begin with. munas kalden

11

Question on the stand

a land like no other”-

Where is this land?

What makes it unique?

What does it stand for? (for shopping, to do

activity , to see nature..?)munas kalden

12

„Asia‟s authentic being-

seeing compact island‟

munas kalden

13

„me-tooism‟ is not strategic

munas kalden

14

Differentiation

as Divergence

Divergence occurs when the

whole breaks up into stand-

alone parts that begin to

develop their own entities,

and then identities. munas kalden

15

Divergence: Sub categories

based on the form

“ball”

hard red White Soft

munas kalden

16

Divergence: Sub categories

based on the Purpose

“ball”

Cricket ball

Volley ball Soccer ball

Rugby ball

munas kalden

17

„Sweet Spot‟•The challenge posted to organizations

is to find the “sweet spot”

• And continue to occupy it in the wake of

changing competitive offerings and customers

needs, while acquiring the requisite

competencies to fill the “sweet spot”.

munas kalden

18

Finding the “Sweet Spot”

Customers needs

Company capabilities

Competitive

Offerings

munas kalden

19

Point of Difference (POD)

• Finding point of difference (POD) within existing

market spaces and mental categories, in order to

meaningfully and uniquely differ.

• Proving an identity of a particular entity in the

category.

munas kalden

20

POD: Example

Against Position: Coca Cola -7UP

Paracetamol & Panadol:

munas kalden

21

POD and Value

PoD

Value based

Cost based

munas kalden

22

Value Based

value based

Value for me

Value of me

-

-

munas kalden

23

Value..

When a customer ask

Value for me: What it does for me?

(functional value )

What it does to me? (experiential value )

Value of me:

Symbol that signifies (not a “performing

value”) munas kalden

24

Liyanage Value Pyramid

psychological

Social

Relational

Experiential

Functional

Value

of me

Value

for

me

User

Experienc

er

Member

Communicator

Actualizer

munas kalden

25

Thanks

munas kalden

26