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Whether a company is early-stage or very mature in its corporate life-cycle, the "warp speed" of change in the current environment requires senior management teams to frequently evaluate how they are positioned within the market space. Changes in the external environment, leadership changes, mergers, acquisitions or other internal dynamics require disciplined approaches to monitoring the company's strategic position.
Larcen Consulting facilitates a process to enable the company to define its strategic position and provides the organization with tools to support an ongoing discipline for monitoring the strategic position. We start with an analysis of the organization's internal dynamics - the strengths and weaknesses. Interviews with company leadership and other key informants, focus groups to get feedback from a cross-section of the organization's staff, and review of available internal documents provide data that will be useful to evaluate assets and potential barriers to achieving the company vision. A careful analysis of the external dynamics - opportunities and threats - provides critical information regarding the impact of competition and other market conditions on the development and implementation of business strategy.
Armed with the data resulting from the analysis of internal and external dynamics, we facilitate a strategic planning process with the management team utilizing the Larcen Strategic Planning model and tools. The value and the end result of this process includes the following deliverables:
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Alignment at the senior management level with regard to vision, values and guiding principles |
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Shared understanding of the internal and external factors which impact strategy decisions for the company |
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Identification of potential barriers or obstacles - internal or external - to achieving the company vision |
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Development of an Action Plan to effectively manage the barriers or obstacles |
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Development of key business strategies required to achieve the vision |
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Definition of goals, action steps, accountabilities and metrics to guide implementation and monitoring of the strategies |
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