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Full Description
Strategic Value Creation shows how senior business leaders can design and execute a data-driven strategy for their organizations to ensure that value creation is focused on the customer segments most integral to business success.
Value creation underpins any successful business and businesses that fail to create unique value for their customers will struggle to survive. This book demonstrates how to recognize when strategy, thinking and actions are flawed, how to correct these and how to devise and implement an effective strategy that unlocks the power of value creation. It provides the practical tools necessary to put strategic theories and frameworks into practice and explains the data needed at every step.
Strategic Value Creation shares the powerful 4Ds framework for strategy execution: Diagnose today, Design tomorrow, Draw the plan and Deliver with data. This framework outlines how to use data for diagnosis, analyse value factors for customer segmentation, determine the value factors their customers value the most and ensure differentiation from competitors. It also covers how to track and measure performance against stated objectives and risks, improve board packs, board back commentary and board meeting effectiveness, and capture and categorize actions, ensuring they are managed effectively.
Contents
Section - ONE: INTRODUCTION;
Chapter - 01.1: Data-Driven Value Creation;
Chapter - 01.2: Challenges;
Chapter - 01.3: Core foundations and methods;
Section - TWO: DIAGNOSE TODAY AND DESIGN TOMORROW;
Chapter - 02.1: Introduction;
Chapter - 02.2: Value factors;
Chapter - 02.3: How to segment and target customers;
Chapter - 02.4: How to understand your competitor landscape;
Chapter - 02.5: The Value Chain System (VCS);
Chapter - 02.6: Integrated strategy;
Section - THREE: DRAW THE PLAN;
Chapter - 03.1: Introduction;
Chapter - 03.2: Risk and challenge management;
Chapter - 03.3: Objectives - milestones, measures and dependencies;
Chapter - 03.4: The Plan on a Page (POAP);
Section - FOUR: DELIVER THE PLAN WITH THE SUPPORT OF DATA;
Chapter - 04.1: Introduction;
Chapter - 04.2: Action management (board and meeting packs);
Chapter - 04.3: Forums and meetings;
Chapter - 04.4: Getting things done in a team;
Section - FIVE: USING DATA;
Chapter - 05.1: Master data management;
Chapter - 05.2: Data collection and calculations;
Chapter - 05.3: Answer the 'why?' - understanding causality through leading and lagging indicators;
Section - SIX: BRING IT ALL TOGETHER;
Chapter - 06.1: Continual maintenance of your value landscape - your Fourth Road Bridge
