Strategy Formation: defining appropriate courses of action

Strategy Formation

Strategy Formation, what is the system going to achieve?

Stakeholder needs i.e. the “WHY” are converted into tangible activities for the organisation to do i.e. the “WHAT” and “HOW” for both today and tomorrow. In order to achieve this the organisation needs to develop plans that cover risks, issues, capacity management, enablers and responsibilities.

Therefore, Strategy Formation is about translating the needs of the stakeholders, into a strategy that is understood and owned by the organisation.

How will this be achieved?

  • Considering the current state performance of the organisation.
  • Understanding the future performance needs of the organisation.
  • Understanding the existing capacity and competency to deliver change.
  • Develop work streams, assigning owners and governance frameworks to ensure needs are managed.

Why would you do this?

  • Develop an improvement framework that meets the needs of stakeholders both now and in the future.
chart of strategy formation
4 areas of strategy formation

Supporting the Airbus Group AP Lean Journey

Direct Savings  of $44.2 million dollars generated by our MRH90 customer cost of ownership reduction program. Read case study to see the full benefits of this program.

Webinar: The Principles of the Lean Business System: #1 Purpose

In this first of our series, Prof. Peter Hines shares his thoughts on the first key Principle: Purpose. The webinar will help you understand what this Lean Principle is, and what key four ingredients are necessary for success, and examples of its use.

Applying Lean in the Public Sector

In this paper, Professor Peter Hines outlines his beliefs regarding the current state of applying lean in the public sector.

Issue-Driven Strategy Formation

This white paper argues that strategic management differs from operational management in terms of processes, skills and mental outlook.

Accolade Wines Video Case Sudy

Safmarine Workshop Outputs

If you’d like to have an informal chat with one of our lead team members about Strategy Deployment in your organisation, then please fill in the form below and we will get back in touch with you:

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