Strategy Development

The Migrators Strategy Development Practice focusses on understanding business needs, developing and assessing options and preparing, visions, roadmaps and plans.

Business strategy is concerned with identifying the future direction of the organisation. A realistic and engaging vision should be provided to stakeholders. The strategy should also provide a number of goals and objectives for the organisation, as well as indicating how they should be achieved.

Inevitably, strategy involves decision making. Decision making is easier if the potential options are identified and assessed early on. These options may relate to the strategic goals, their benefits, or the ways in which the goals can be achieved. This approach allows the most appropriate options to be selected, allowing the decision making to be clearer and easier.

Once the strategy has been decided, it must be made available to stakeholders. This should be promoted, and communicated by a variety of means, including briefings, documents and other communications methods. For ambitious, or long term strategies, the vision must be managed appropriately. This will ensure the vision is understood, as well as highlighting the interim goals, tasks and objectives required to achieve the vision.

The Migrators Consulting Strategy Development practice provides a variety of consultancy services relating to strategy. These range from research and analysis of future trends, innovations and technologies, to facilitating workshops which develop strategies, preparing presentations, briefings and reports to promote the selected strategies and implementing the strategic concepts through change management and stakeholder communications. Some of the most common services include:

Developing Strategy Implementing Strategy
Analysing the costs and benefits of strategic approaches Developing communications plans
Analysis of new and innovative products and services Establishing innovation in the organisation
Assessing risks and uncertainty Establishing new change programmes and projects
Constructively challenging strategic approaches Implementing strategy through projects
Developing strategy and business models Improving products, services and operations
Development and assessment of strategic options Preparing reports, presentations and briefings
Facilitating strategy development Preparing strategic visions, roadmaps and timelines
Mentoring and coaching Reviewing data management and cybersecurity
 
Strategic Research
Assessing competitive advantage
Assessing innovation and new systems
Evaluating cybersecurity and data protection
Exploring business and market trends
Identifying and assessing new innovations and technologies
Innovative uses for IT, robotics and artificial intelligence
Obtaining, and analysing big data and data mining

Migrators can also provide training and coaching to your staff on these topics. The training will help your staff understand the need for developing good strategy and decision making and how to improve their skills and knowledge in this important area.

For further information, please contact Migrators