Map out, identify and monitor the critical conditions in order to optimize your chances of success of a winning strategy.DOWNLOAD THE TEMPLATE
When formulating a strategy, it’s important to think about the conditions that can make it or break it. Use this matrix to get a clear view on what are the critical conditions that you need to test.
Start by writing all the conditions that are necessary for your strategy to succeed. Write one condition per post-it.
Pick up the post-its and place them alongside the horizontal axis. If your strategy is highly dependent on that condition, place the post it on the right side. if, on the other hand, the strategy is not much dependent on the condition, it goes left.
Now it’s time to move the post-its vertically. If you know a lot about the condition, it means the level of uncertainty is low, so you can move it downwards. If, on the other hand, you lack knowledge about that condition, the level of uncertainty is high, thus you can move it upwards.
The hard part is done. You now have your conditions spread through 4 actionable quadrants:
Follow a structured process to analyse and evaluate critical conditions in your strategy. Record learnings and insights and make changes to your strategy accordingly.
Explore the key elements of a winning strategy and decide which ones to develop and sustain with the Strategic Framing Canvas.
Structure your thinking around the macro-environmental factors/trends facing your organisation. This canvas will give you a bird’s eye view to inform strategic business decisions.