Strategy in Action

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How can a business or multinational organization develop a best-practice strategy? Emphasizing the strategy function and adopting a Holistic Management Strategy (HMS) framework can significantly enhance performance. This book presents the HMS, comprising 10 frameworks that guide the design and development of effective strategies. It distinguishes between business unit and divisional/group levels and adapts to various scenarios, including existing versus new markets and organic versus inorganic growth. New topics covered include the integrated business model, strategy and financial planning at the business unit level, and frameworks for assessing attractiveness and opportunities in new markets linked to inorganic growth. It also explores portfolio horizons related to market valuation gaps, leadership and management excellence programs (e.g., THICOSIV), and the principles of balanced, informed decision-making. Additionally, the book addresses the future of the strategy function and outlines seven meta-architectural levers to tackle digital disruption. The content is structured into several parts, beginning with strategies for existing businesses and geographies, followed by strategies for new markets and execution, portfolio strategy, company and leadership excellence, and concluding with insights on the future of strategy and digital transformation.