Hambrick amp Fredericksons Strategy Diamond help outline an organizations plan for growth The model is a tool that includes all the important information for the companys business strategy By addressing each of the elements of the Diamond business leaders can consider all the importa ID: 1048615
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1. Hambrick & Fredrickson’s Strategy DiamondHambrick & Frederickson’s Strategy Diamond help outline an organization’s plan for growth. The model is a tool that includes all the important information for the company’s business strategy. By addressing each of the elements of the Diamond, business leaders can consider all the important areas of focus when making strategic decisions.Focus areas of the model include:ArenasVehiclesDifferentiatorsStagingEconomic LogicWant more best practices? Visit Praxie.com
2. Hambrick & Fredrickson’s Strategy DiamondWant more best practices? Visit Praxie.comEconomic LogicStagingVehiclesArenasDifferentiatorsFocusQuestionsStrategyArenasWhere will we be active?Enter arena here VehiclesHow will we get there?Enter vehicle here DifferentiatorsHow will we win?Enter differentiator here StagingWhat will be the speed & sequence of our moves?Enter stage here Economic LogicHow will we make money & returns?Enter logic here Review the Strategy Diamond and then enter answers to each question to create your strategy.
3. ActionsActionsOwnerDue DateEnter action hereEnter ownerEnter due dateWant more best practices? Visit Praxie.comCreate an action plan for completing the Strategy Diamond template, including research, obtaining input from key stakeholders, and reviewing your initial responses to the questions with others. Also create actions for creating a more detail strategy or plan based on your work.
4. Want more best practices? Visit Praxie.comwww.praxie.comLearn, Configure & Run Business Best Practice Applications in Minutes.