bcg case competition

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  • 7/27/2019 BCG Case Competition

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    11/18/20

    Strategic Analysis and Action

    Review slides

    (and suggestions for BCG)

    The Strategy Process

    Identify current

    strategy

    Assess current

    performance /

    Analyzesources of

    strategic

    tension

    Options

    Strategic

    ChoiceAction Plan

    STRATEGIC

    ANALYSISDIRECTION

    SETTING &

    STRATEGY

    CREATION

    IMPLEMENTATION

    Support

    strategy:Finance

    Accounting

    Operations

    Marketing

    (Recommendation)

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    Issue

    Start by recognizing the decision-makers role in

    the case. CEO? Division manager? VP?

    Clearly identify the issue/ problem this company

    is facing as part of our assessment

    Avoid options or plans or potential solutions here

    Keep the identified issue front and centre as you

    move through the analysis, recommendation, and

    action plan.

    During the analysis, ask yourself: am I looking at all

    aspects of the issue?

    At the end, ask yourself: does my recommendation

    and my suggested action plan truly address the issue?

    Analysis: External

    What is going on in the industry?

    What trends are happening in the industry?

    Political, Economic, Social, Technical

    Key Success Factors (KSFs)

    What do firms need to do to win in this industry?

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    Analysis: Internal

    Current company/ strategy size up: Diamond-E framework

    How is the firm performing? What do quantitative and

    qualitative metrics show (performance matrix?)

    Is there good alignment between the elements or are there

    gaps?

    What is the companys competitive advantage? Is it

    sustainable?

    Assessing current performance

    Operating performance

    Hard, quantitativemeasures: Financial,market performance(Ex?)

    Reflective of past

    Organizational health

    Soft, qualitativemeasures: organizationalmeasures (Ex?)

    Often early indicator ofoperational performance

    Metrics vary by company and industry.

    Decide which measures make most sense. Do not fall victim to wishful

    thinking

    Differentiate past from present and future

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    The Performance Matrix

    Where is the business currently? Where has it been recently? Where is

    it headed?

    Are changes to strategy needed? What is the extent of these

    changes?

    What will performance be like if no changes are made to the strategy,

    i.e. the base case?

    Components of Strategy

    PRODUCT MARKET

    FOCUS

    GOALS

    CORE

    ACTIVITIES

    VALUE

    PROPOSITION

    What are the components of the strategy?

    Are they aligned?

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    Options

    Develop and analyze alternatives that are..

    Viable

    Distinct

    Listed in case and/ or developed by you

    Assess pros and cons thinking through all the aspects

    (strategic, financial, organizational)

    Be careful that you are not already supporting a foregone

    conclusion!

    Recommendation

    Pick one of the options that you have previously

    developed

    Your process is off if you recommend something that did not appear

    as an option before

    Do notjust reiterate the pros listed under your option to

    support your choice, but explain why you think that the

    pros for your choice outweigh those of the other options

    Be upfront about the cons and discuss if and how you

    think that you can deal with them effectively

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    Action Plan

    Who will do what?

    What is the timeline for implementation?

    What needs to be done in each of the different functional areas

    of the firm?