Strategy

Costly strategies and unsmart decisions plague companies as they deal with rapidly changing events and gaps in generational understanding. Use these two programs to achieve clarity and alignment in your strategic decisions.

SUCCESSFUL STRATEGIES HAVE:

1. Smart Decision

What makes a good decision is the decision-making process itself. Our Smart Decision process aligns decision-makers by addressing gaps in data & biases in critical thinking, through checks and balances.

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2. Fit-for-purpose Strategy

Create the right strategies for long-term growth. Our Fit-for-Purpose workshops will define internally driven and healthy business strategies that will suit your company requirement.

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SMART DECISION

Achieve successful outcomes through decision alignment with critical stakeholders using our robust decision-making process. We utilize a decision effective process to weed out biases, false data and personality conflicts.

Analyze current state of culture:
  1. Data gap assessment - analyze data integrity for decision-making
  2. Perspective biases - benchmark decision-makers’ perspective differences
  3. Decision Process - examine intuitive vs. rationale processes
Deliver influential culture:
  1. Harmonized decision process - utilize “Smart Decision” framework
  2. Alignment & finalization - align decision-makers for final decision
  3. Decision success factors - perform post-decision evaluation
Process:
  • In the requirements phase, we identify the decision goals as understood by the relevant decision-makers. We interview decision-makers to benchmark their level of clarity of the situation and review the level of integrity and availability of information needed for decision-making.
  • In the deliverable phase, we utilize our ”Smart Decision” framework to reach decision clarity and alignment among decision-makers. We also perform a follow-up assessment to measure the quality of decision made in achieving the intended goal.
Benefits:
  • Decision alignment is key with one decision, one direction, and one drive. When everyone is on the same page, there are no conflicting thoughts after the decision is made.
  • The decision-making process needs to be transparent as well as agile enough to manage data ambiguity and conflicting minds. The ”Smart Decision” framework puts robustness to a decision-making process.
Tools:
  • We train decision-makers on the cognitive process using intuitive and rational decision-making model.
  • During workshops decision-makers commit to an optimal strategy that everyone can agree on its ability to produce the intended results.

FIT-FOR PURPOSE STRATEGY

This service creates business strategies that are both relevant and forward looking for an organization. We conduct strategy sessions with a keen insight for achieving it’s intended goal and the capabilities available for smooth execution.

Define strategy requirement:
  1. Exact requirement - define realistic goals and relevant requirement
  2. Opportunity map - map opportunities to the requirement
  3. Risk management - perform risk assessments with mitigation plans
  4. Strategy brainstorm - develop a portfolio of strategies with rating criteria
Deliver influential culture:
  1. Strategy shortlist workshop - rank and rate to top three strategies
  2. Risk & reward analysis - finalize risks and rewards balance
  3. Strategy & execution session - complete decision and execution plan
  4. Benefits measurement - measure the success of strategy post-execution
Process:
  • In the assessment phase, we analyze the exact requirement against the intended results and map it to a list of opportunities, while assessing risks and strategies.
  • In the deliverable phase, we refine strategies using relevance criteria, performing in-depth risk analysis with final alignment on execution.
Benefits:
  • These strategies are the least disruptive to daily operations as we use a synergistic approach, incorporate cultural nuances and employee acceptance, making execution efficient.
  • Mistakes and costly strategies, like toxic projects are discovered and removed from consideration earlier on in the process.
Tools:
  • We use workshops and specialized assessments to map opportunities to strategies and the requirement, weeding out ”noise” in the system.
  • Our goal, strategy, and direction setting program is a comprehensive four-part methodology that defines: 1) Financial / Non-financial Returns, 2) Beyond Benefits & Risks, 3) Phased Strategy Portfolio and 4) Clear Collaborative Direction.

Assess Your Requirements

Complete the requirements assessment to get a better understanding of how Leading Lotus’s interactive and collaborative engagement can help. Or simply contact us at info@leadinglotus.com for a hassle-free chat on understanding your requirements.