A successful strategy is based on informed choices between viable strategic options. Capful utilises strategic options in strategy work to take account of the different external and internal factors affecting the client company and the differing views held by decision-makers. The options are identified, described and assessed against a range of criteria to provide a robust foundation for strategic choices. 

Utilising our own algorithm-based Strategy BuilderTM, we work with our clients to build viable and feasible strategic options that are tested using the same set of criteria. The selected option can act as a basis for defining must-win battles (MWBs) – the key challenges to conquer to ensure delivery of the chosen strategy. Tangible actions, projects and performance indicators are specified for the MWBs to drive and monitor strategy implementation and to communicate strategic priorities. In scenario-based strategy work, the viability of the selected option can also be tested using the scenarios as “wind tunnels”.

‘If you have only one path forward, you are a passenger. If you have several alternatives, you can make choices’, Risto Siilasmaa, founder of F-Secure

BENEFITS OF STRATEGIC OPTIONS

Give structure to complex issues, bring up bold and radical ideas, and force debate on different viewpoints 

Help identify areas where your company has genuine options, analyse risks and make informed choices

Allow more views to be heard, overcome prejudices and self-censure, and help address fears related to uncertainty

Encourage creative strategic conversation to challenge and renew decision-makers’ strategic thinking

Expand and deepen management’s shared vision and promote shared understanding

Help focus on what’s essential and pull together once all options have been openly discussed during decision-making

WHAT QUESTIONS CAN STRATEGIC OPTIONS OFFER ANSWERS TO?

How and where to grow and how to grow profitably?

Which customer segments should we operate in?

How should we revise our business portfolio?

How to change our business and revenue models? 

How do we adapt to the 1.5°C climate target?

How to respond to disruption in our industry?

Which technologies should we invest in?

How to make the most of the opportunities presented by Industry 4.0?

How should we develop our expertise and capabilities?

  • How and where to grow and how to grow profitably?

  • Which customer segments should we operate in?

  • How should we revise our business portfolio?

  • How to change our business and revenue models? 

  • How do we adapt to the 1.5°C climate target?

  • How to respond to disruption in our industry?

  • Which technologies should we invest in?

  • How to make the most of the opportunities presented by Industry 4.0?

  • How should we develop our expertise and capabilities?

Interested?
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