How can businesses implement Strategy Maps in their strategic pla

Businesses can implement Strategy Maps in their strategic planning by following these steps:

1. Define the Vision: This is the world the business wants to create in the future.

2. Determine the Strategic Focus: This involves identifying how the business strategy needs to shift over time.

3. Set Strategic Goals: These are specific goals that support the strategy.

4. Identify Target Markets and Customers: This involves deciding what markets or customers the business will tackle over time.

5. Develop Solutions: This involves deciding what offerings the business will provide and how these will change over time.

6. Identify Key Risks and Barriers: This involves identifying potential risks or barriers the business might encounter.

7. Define Key Performance Indicators (KPIs): This involves deciding how the business will measure success.

Question was asked on:

Vision – what's the world you want to create in the future? Strategic focus – how does your strategy need to shift over time? Strategic goals – what specific goals support your strategy? Target markets and customers – what markets or customers will you tackle over time? Solutions – what offerings will you provide and how will these change over time? Key risks and barriers – what risks or barriers might you encounter? Key performance indicators (KPIs) – how will you measure success?

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Strategy Maps

What if you could communicate your overall strategy on a single page? Well, you can with our Strategy Maps deck. Create strategy maps that keep everyo...

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