Top-10 Frameworks You Have To Know To Develop Successful Strategy

Every company develops one at least twice in its life time. We are talking about strategy - an instrument that is crucial for defining how a company will achieve its long- or medium-term goals. Since 2010, our Moscow Consulting Group has developed a strategy for over large companies in various industries.

What are the typical components of a strategy? Exhibit 1 outlines the key areas covered by each strategic project:

1.External market situation (overall trends and competition analysis),

2.Internal business assessment (business processes effectiveness, risks and growth opportunities),

3.Company's financial prospective (financial models for various scenarios).

Exhibit 1.