Value Curves and The Strategy Canvas
If you are like many business professionals today, you have been involved in a wide array of business planning activities. These activities typically result in annual budgets and multi-year strategic plans that are complete with financial projections including industry and market analyses.
These plans, filled with details provided by different functional groups, do not always provide a clear big picture, or a reference point for your organization. Without a clear reference point, it can be difficult to move your organization forward to execute your business strategy.
The Value Innovation strategy canvas can help you to clarify your business strategy so that you can:
- Clarify your strategic profile and positioning against industry competitors.
- More easily explain your business strategy to your Board, management, bankers and staff.
- Guide your organization to implement your business strategy by providing a reference point for business decisions, key actions, and investments.
- Make management meetings more productive by reducing time spent debating your business strategy.
A strategy canvas is a visual way to reveal your strategic profile relative to the competitors within your industry.