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Strategy Maps are practical tools in the business industry for several reasons. They help in communicating the overall strategy of a business on a single page, making it easier for everyone in the organization to understand the big-picture objectives. They also show the cause and effect chain of strategic objectives, which can help in identifying the key areas of focus. Moreover, Strategy Maps can enable teams to see where they fit in the overall strategy and how their work contributes to the business direction. However, it's important to avoid tracking too many objectives on a Strategy Map as it can complicate the delivery of the overall message and make the strategy difficult to follow and implement.
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Per Spider Strategies, a strategy map is a diagram that shows an organization's strategy on a single page, which helps to quickly communicate big-picture objectives to everyone in the company. A strategy map demonstrates strategic objectives in a balanced scorecard represented by a shape (typically, an oval) with arrows that show the objectives' cause and effect chain. Keep in mind that tracking too many objectives will complicate the delivery of your overall message by making your strategy difficult to follow and implement.
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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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