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DEFINING STRATEGY
Strategiqa utilizes some of the state of the art tools for
defining business strategy. We are well versed with the new age tools like
Blue Ocean Strategy, Theory Of Constraints etc. This helps us in identifying
and leveraging the new business opportunities as well as re-defining the
existing products or services with a new market strategy.
Business Strategy Workshop - The TOC Way
Theory
of constraints, proposed by Dr. Eliyahu Goldratt has been very popular and
successfully adopted across the world with excellent results. TOC says that
for every system there will be at least one bottle neck which determines the
throughput of the system. TOC also significantly departs from traditional
cost accounting practices and considers only inventory, Operating expenses
and throughput as the only parameters for performance measurement and
management decision making.
Using
Current Reality Tree, we can construct and depict the current systemic
problem. Wherever we find a constraint; it is usually due to management
policy. We identify such policies and question the validity of the
assumptions behind these policies. Using TOC thinking process and Decision
clouds; we can eliminate constraints by exposing the assumptions and
providing injunctions to negate these assumptions.
A
future Reality Tree is then constructed to map the future activation and
consequences; based on the solution. A Negative Branch Tree is then
constructed; bringing out all the negative possibilities. Here again, the
underlying assumption are exposed and injunctions are provided to address
all the negative fallouts of the FRT. This way, the TOC thinking process
provides a sound mechanism and methodology for new strategy formulation.
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