Three Hierarchical Levels of Strategy Management

❶  Corporate Strategy >>>  ❷  Business Strategy >>>  ❸  Functional Strategy

Strategic Management

Is oriented towards achieving organization-wide goals –  through understanding how the needs of the organization differ from the needs of your functional area and discovering how your functions can contribute to achieving the organization-wide goals.

Strategic Management

Integrates various functions – cross-functional excellence and a guiding force that integrates the efforts of different functional specialists is an absolutely essential requirement for success in today's era of systemic innovation.

Strategic Management

Is concerned with both efficiency and effectiveness ("doing things right" and "doing right things") – through placing a balanced emphasis on both classic corporate and venture management dimensions of the managerial work.

When you create breakthroughs, simulation games , such as Innoball, help you achieve far better results than strategic planning.  >>  Example

Vadim Kotelnikov

Strategic Management

Considers a broad range of stakeholders – through holistic thinking, 360 approach to business success, synergising diversities, and simultaneous balanced consideration of all stakeholder groups – customers, suppliers, employees, owners, and the public at large – so that reasoned tradeoffs are possible.

 The Tree of Business Success  ▪  Balanced Business: 5 Basic Elements

Strategic Management

Entails multiple time horizons – through balancing between meeting short-term results and contributing to long-term objectives; between building a basic competitive advantage (BSA) and sustainable competitive advantage (SCA); making the best contribution to both today and tomorrow.

 Guiding Principles  ▪  Disruptive Strategist  ▪  Futures Thinking