
By Abir Be, Entrepreneur @ Author
Strategies aren’t a guessing game.
You need a strategy.
But you don’t know how to create it:
⤷ How do you know it’s the right one?
⤷ Is there a universal template?
⤷ Where should you begin?
It can be confusing.
Only 10% of organisations
successfully execute their strategies.
(Forbes)
You don’t want your business to be one of them.
The good news ⤵
There are plenty of frameworks to use as a guide:
➯ Balanced Scorecard
- Set clear goals and track progress.
➯ VRIO Framework
- Consult your resources for advantages.
➯ McKinsey 7-S Framework
- Identify gaps and plan for improvement.
➯ SWOT Analysis
- Utilize for strategic advantage.
It’s all about finding your method.
➟ Plan your strategy carefully.
➟ Follow and adapt the plan.
➟ Check the final results.
➟ Learn and repeat.
The right approach is within reach.
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