Strategy Development

We help Develop, Deploy, Deliver your Strategy

What we do

• Strategy development
• Strategy implementation  
• Annual Performance Plan

Strategy is changing

We all recognise that we are operating in an intensively competitive, rapidly changing global economy, this is nothing new nor surprising.

And in some cases, that rate of change is not constant but accelerating.
Faced with such an environment, organisational agility and adaptability become paramount survival skills, which strategy plays a fundamental role in developing. For this to happen, we must change the way we think about strategy and its development.

The problem with traditional strategy development

Traditionally, strategy relies upon accurate long-term prediction. The problem with that is, the more dynamic environment the less easy it becomes to accurately predict the future. In some cases, the strategy could be out of date well before the next cycle of analysis and planning takes place.

The implications of sticking with a strategy that is no longer appropriate is obvious. Even if this is recognised and attempts are made to change course, there are still significant costs as the organisation is knocked out of its strategic cycle or ‘rhythm’. Initiatives are put on hold, unscheduled analysis and planning activities must be instigated at short notice and employees told that the direction previously communicated is no longer appropriate. This all creates turmoil, unease and disruption.

There are approaches that we can take which will help us overcome this challenge, through learning and physical conditioning.

• At Peakford Institute we have refined our strategy development approach to incorporate the fast paced environment under which strategies must be implemented. Our new approach include Set a mission, vision and values for the organisation that are robust and enduring; these create much-needed stability with regards to the organisation’s overall direction and provide confidence within its workforce. This frees up the strategy to be agile: a short-term plan set firmly in a long-term frame.
• PI adopts an effective, data-driven analysis of the environment, both external and internal.
• We implement scenario planning is strategy development- we invest time in developing ‘what if’ scenarios for various aspects of your organisation and environment. This will reward you with more innovative suggestions that are not hamstrung by what has happened in the past.