Strategy Execution with the One Page Strategic Plan

 Business Planning, Services  No Responses »
Mar 032012
 

OPSPThe best strategy will fail unless it is coupled to effective execution. Yet driving effective execution is an issue with which the best of companies sometimes struggle. Establishing and maintaining an overview of how key goals are linked to specific projects and activities in the face of constant change requires both discipline and an effective tool set.
A wide range of organizations have successfully managed strategy execution and complex change using the One Page Strategic Plan. This is an integrated approach to implementation planning, program management and progress control. It delivers a communicable strategy that is ‘owned’ by key actors throughout the organization. Continue reading »

Business Feasibility Exploration with the Business Model Canvas

 Business Feasibility, Business Planning, Services  No Responses »
Feb 212012
 

iPad canvas exampleFeasibility Exploration uses the Business Model Canvas as a framework to explore the viability of a potential new business or product. The core of a Feasibility Exploration is formed by 3 major activities:

  1. Mapping: often this means articulating and thinking through concepts of which parts have been discussed for some while;
  2. Quantification: initial market sizing, estimation of revenue streams and costs to serve;
  3. Review: does it make business sense? What should we do next? Who needs to decide what?

The outcome is an initial view on whether a particular service or product is viable. It is usually used to take a decision on whether it is worthwhile to invest in further development of the product or service.

It is not a detailed plan or risk review; these are drawn up at a later stage of development.

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