bcg case competition
TRANSCRIPT
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7/27/2019 BCG Case Competition
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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?