Many people often think of strategy purely in corporate terms – setting the overall direction of the company and trying to determine aspects such as focus on new markets, investment of capital, or allocation of resources. Just as beneficial is having a clear business transformation strategy, with clarity on your workforce transformation strategy, digital and data strategy, analytics and data science strategy, and even your knowledge management strategy.
To help you through this you need a partner that can guide you from strategy through execution – which means having someone side-by-side with you all the way through, not someone that will help you define your strategy and then ask you to work with someone else to execute the details. At Sense Corp, we pride ourselves in helping our clients through this full journey.
Companies often either lack a strategy or operate with too many competing priorities – both of which can be challenging. Sense Corp employs the following steps to help you define your strategy:
- Gain Alignment – create the questions that provide you with insight to the future and help you understand what you wish to achieve
- Forecast – develop an understanding of various pathways to the future with supporting models to evaluate how to best get there
- Evaluate Options – narrow down your options, gain consensus on your strategy, and develop clarity to your messaging
- Iterate – review and refine your strategy along the way
Strategy cannot be a top-down mandate. Key organization stakeholders need to be involved allowing them to gain alignment through the process. Various input factors such as regulation, competition, and changing customer expectations are assessed.
Sense Corp can provide you with an operating model to help guide you from strategy through execution.