Last time we discussed industry and life stage within the firmographics category. This time, we’ll continue to explore the firmographic dimension by highlighting business type and size. Remember, an organization’s firmographics can be regarded as the sum total of employed strategies and resulting outcomes that a firm has experienced. In a way, a living history [...]
Last time we introduced an organization’s firmographics and discussed ownership and legal structure. This time, we’ll highlight two additional firmographic categories: industry and life stage. Remember, an organization’s firmographics can be regarded as the sum total of employed strategies and resulting outcomes that a firm has experienced. In a way, a living history of the [...]
Last time, we introduced the organization and it’s firmographics. Firmographics are an organization’s ownership and governance, legal structure, size, life stage, industry, business type, organizational structure, and culture. They can be regarded as the sum total of employed strategies and resulting outcomes that a firm has experienced. In a way, a living history of the [...]
Organizations are the primary structures in the market. Organizations may be non-profits or C-Corporations and they may operate in the Construction, Biotechnology, or technology industries. Every organization consists of firmographics (demographics for a firm), activities, resources, and a business model. This business model consists of offerings delivered through channels to consumers (both customers and non-customers) [...]
As regards an organization, the market includes people serving a variety of cooperative and competitive roles. These people may be executives at rival firms or potential employees. Affecting these people and their relationship with an organization are a variety of socio-economic-cultural forces. For example, slow aggregate GDP growth leads to less hiring which drives wages [...]
The deep market includes the sum of all of the primary 19 industry categories ranging from information to construction to wholesale trade. The market also includes resources such as ideas, capital, people, suppliers, and partners. Let’s start to address each of these in turn. Ideas come from everywhere. You may solve a coding or marketing [...]
Innovative strategies originate not only from one’s own company or industry, but also from the deep market. Examples of this are everywhere, surrounding us so thoroughly that we seem not to notice them at all, instead preferring the conventional wisdom that benchmarking and industry appointed gurus drive innovation. Managers prefer this conventional wisdom because it [...]
I want to begin this series of Friday blogs by introducing you to the dimensions which compose a dynamic strategy map. Dynamic strategy maps, animated and used, constitute the active, integrated Strategy Constellation. The Strategy Constellation is named to connote the motion, interaction, and complexity we witness in the market and is designed to be [...]
Over the next year, we look forward to introducing you to the different components of and uses for dynamic strategy maps. Buckle your chin straps and don your helmets because this is going to be an exhilarating and edifying ride.