“The goal of strategic intent, the implicit task in developing a strategic architecture, is to fold the future back into the present. It forces the organization to ask “what must we be doing differently today if we want to create this particular future?” (Hamel and Pramalad, 2013)
Creating a Business Culture that Supports Innovation
As an Input to this Business Ecosystem – The key is insuring that your business’ product and service offerings are relevant and solve a legitimate customer need. The infographic below represents the different components of the business model ecosystem.
“Unless senior management is willing to commit to a goal that lies outside the planning horizon, there can be no strategic intent. The future will be discovered by someone else.” (Hamel and Pramalad, 2013)
Although not exhaustive, strengthening the business model’s ecosystem will improve your business’ likelihood of success.
Stronger components are those that not only represent industry standards and best practices but also lead the way to define and establish new standards and practices. Weaker components are those that not only lag behind industry standards and best practices but may even fail to realize the gap exists.
The Strategic Innovation Plan Generator includes the five stages below. Beginning with a review of the process map for using the Strategic Innovation Plan generator followed by phases that help evaluate your business model (in specific areas), identification of tools and frameworks to help introduce improvements (where needed), and an opportunity to actually draft your plan (and download) for the designated business area(s).
Once all of these Business Ecosystem components have been incorporated in to your business model they can be ranked based on their strength and weaknesses. (For an overview of this tool see the explainer video at the top of this page)
Overview of Strategic Innovation Plan Generator
The Strategic Innovation Plan Generator includes the following steps (and strategic planning components) listed below. Additional tools, resources, and options are available to members. Feel free to contact us with additional questions at [email protected]
Strategic Planning Components
The following accordion lists the components included in the strategic plan. Click on each step to learn more.
Access Option #1: A System’s Thinking Approach to Leadership Innovation (2nd ed) is now available in the Amazon store!
Access Option #2: Or check out the SPG Android App now available in the Google Play Store!