Tuesday, 11 November 2008

Take the bumps?

One of the challenges that we need to consider when developing strategies is:

- can it take the bumps that we might see on the way?

There are some very good ways to create and design strategies for businesses, but the acid test question is the one mentioned above.

How do you use this approach?

Very simple - work out what kinds of factors could adversely affect your business (but aren't on the current horizon) and then consider whether your strategy could withstand the bump that this would cause. Depending on the result, reflect against this 'scenario' and decide whether you want to take the risk. Otherwise alter the strategy or come up with a plan 'B' should the situation arise.

Considering the weird and the wonderful when it comes to strategic design is a valuable approach.

Smartspeed Consulting Limited
'For When Results Matter'

C'mon! Just write the SOP!