OGSM Framework: Practical Application in Strategic Planning

Practical application of the minimalistic OGSM framework for designing functional and strategy scorecards by setting goals and performance measures. Decomposition Method As explained in the Comparison of Strategic Planning Frameworks, each business tool suggests its approach to breaking down complex challenges into specific tangible parts. In the case of OGSM, the framework recommends focusing on … Read more

Blue Ocean Strategy: Practical Implementation in Strategic Planning

Examine growth opportunities within the competitive landscape, defined by four perspectives. Learn how to integrate Blue Ocean analysis into strategic planning. The Role in the Strategic Planning Ecosystem In 2004, the Blue Ocean Strategy was introduced in a Harvard Business Review article, offering a fresh perspective on markets without direct competition, shaped by the outcomes … Read more

Compliance Management: Implementation Guide and KPI Template

Effective compliance goes beyond educating employees about new regulations and tracking the number of non-compliance incidents. In this implementation guide, we focus on a holistic view of compliance that involves key stakeholders and suggests specific quantification of the compliance efforts and results through 7 steps. Stakeholders Definition Let’s start with the definition of generic stakeholders … Read more

Case Study: Integrating ISO into Strategy with Functional/KPI Scorecards

By adhering to ISO standards, organizations establish best practices and ensure compliance with regulatory requirements. The case study examines how BSC Designer clients integrate their ISO certification programs with functional scorecards to fulfill the standards’ requirements in defining interested parties, objectives, actions, risks, and measurements. Standards in the Case Study To analyze the general approach … Read more

Practical Guide: Using AI Prompts for Strategic Planning Software

While AI won’t replace a strategist, its co-piloting ability can optimize routine tasks. You are a strategist… Do a strategic analysis and formulate results in the CSV format according to these requirements… How to Integrate AI with Strategic Planning Software Formulate Effective AI Prompts Asking AI to Improve Your Strategy Competitive Analysis Using Porter’s Five Forces … Read more

Logistics Scorecard with Example of Strategy Map and KPIs

The logistics industry passes through a period of uncertainty defined by increasing labor costs and disruption from new entrants.  While automation is a clear keystone of effective logistics strategy, the main challenge is to align automation and digitalization initiatives with overall strategy considering the strategic ambitions of stakeholders and possible scenarios. In this article, we’ll … Read more

Supply Chain: Example Resilience Strategies with KPIs

A perfect supply chain is resilient, transparent, aligned with other functions, and quantified by KPIs. Supply Chain Management (SCM) is a core activity of any organization that deals with production or distribution. The label “strategic” is often misused in business literature, but supply chain deserves it. SCM overlooks: Procurement Warehousing Logistics Quality assurance and control … Read more

Change Management: Canvas with Examples of KPIs

A change management framework with KPIs according to the three phases of change: (1) preparation, (2) transition and (3) outcome.  What is Change Management? Change management is a disciplined approach to reproducing previously tested best practices under slightly different conditions (new stakeholders involved, natural changes in the environment, etc.) In contrast to innovation, change is … Read more

The Ansoff Matrix: 3 Steps to Create Business Growth Strategies + Example

Start with analysis of the trends, define diversification strategies, quantify and compare alternatives to find the most promising growth directions.  The content of the article: History of the Ansoff Matrix, its modern 2×2 and 3×3 extended versions Rationale and general principles of selecting business growth alternatives Three steps to plan growth strategy with the Ansoff … Read more

Stakeholder Management in Strategic Planning: Practical Examples

A good strategy doesn’t not exist in the vacuum imagined by top management, it considers the needs of diverse stakeholders.  In this article, we’ll discuss: Part 1. Evolution from the shareholder to stakeholder theory Part 2. Stakeholders’ analysis and management in the field of strategic planning Part 3. Stakeholders management with BSC Designer software Part … Read more