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Strategy Formulation, Business Strategy Simulation, Strategic Games


 

Strategy Formulation and Implementation    

 
PolStrat works with its clients to formulate a corporate business strategy following a 5-step process:
 
(1) Goals
First, an organization needs to have an explicit goal.  An implicit goal is not good enough.
 
(2) Scope
Goals (Vision, Mission) drive product/market scope. It's about which products or services to offer in which markets.
 
(3) Competitive Strategy
Competitive strategy is needed to convert a market opportunity into a successful performance. The competitive strategy indicates how to compete in its product/market space.
 
(4) Internal Arrangements
Internal arrangements cover the organization structure, systems/processes (rewards, performance evaluation etc.), leadership, and corporate culture.
 
(5) Operations