Description
“Strategy Triangle” utilizes a visual triangle to illustrate the three key components of a successful strategy: Purpose, Scope, and Competitive Advantage. It provides a concise framework for defining an organization's strategic direction.
Format
PowerPointGoogle Slides
Related to Download_EN (1) (Database: Templates) 1
How to Leverage the Template
- Introduce the Strategy Triangle: Begin by explaining the concept of the Strategy Triangle and its importance in strategic planning.
- Define Purpose: Clearly articulate the organization's overall mission and long-term goals. What problem does the organization solve for its customers? What value does it create for stakeholders?
- Define Scope: Define the specific market or industry the organization will compete in. Consider target customer segments, geographic regions, and product or service offerings. This defines the boundaries of the business.
- Identify Competitive Advantage: Identify the unique value proposition that sets the organization apart from competitors. This could be based on superior products, lower costs, exceptional customer service, or other distinctive capabilities.
- Emphasize Interconnectedness: Highlight how Purpose, Scope, and Competitive Advantage are interconnected and influence each other. A successful strategy requires alignment and balance among these elements.