STRATEGY ONE PAGE MAGIC BEST PRACTICES
The APQC Process Classification Framework® (“PCF”) is an open standard developed by APQC, a nonprofit that promotes benchmarking and best practices worldwide. The PCF is intended to facilitate organisational improvement through process management and benchmarking, regardless of industry, size, or geography. To download the full PCF or industry-specific versions of the PCF, as well as associated measures and benchmarking, please visit www.apqc.org/pcf.
Having a strategy is not enough. In fact, research suggests that having a strategy has no real effect on the performance of your business. It’s aligning your activities to your strategies that makes the difference.
A lean strategy is about doing more with less to improve productivity. A company can identify poorly deployed resources & reallocate them to activities that can strengthen the business.
The objective of a competitive strategy is to generate a competitive advantage, increase the loyalty of customers and beat competitors. A good strategy identifies a few critical points of the current situation where the most effective results can be obtained by the focus of actions and resources.
Digital transformation strategy is about analysing a company culture, to set business goals, understand and document the risks, to run frequent pilots and tests, to ask employees for feedback about those roll-outs and to proceed with new technologies.
The objective of a competitive strategy is to generate a competitive advantage, increase the loyalty of customers and beat competitors. A good strategy identifies a few critical points of the current situation where the most effective results can be obtained by the focus of actions and resources. Successful companies invest in strategy deployment. This has becoming increasingly important for post covid-19 where a large proportion of the workforce will be remote and virtual.
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