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How StrategyStreet Solves Common Strategic Problems

StrategyStreet provides your company with an approach to strategy development that has been developed and tested in more than 50 industries over the last several years. This approach applies in any market.

Problem: "We seem to miss important strategic issues..."

StrategyStreet Solution: The Basic Strategy Guide, and the Advanced Site provide a comprehensive approach to segmentaiton, product innovation, pricing and cost management. You will not overlook important issues if you follow the steps in these sections.

Problem: "We do not create enough new ideas..."

StrategyStreet Solution: The Improve section offers several thousand new ideas drawn from over 400 industries in order to promote brainstorming and idea generation. We cover the majority of potential innovations with this extensive database.

Problem: "We are not consistent in the questions we ask as we develop our strategy..."

StrategyStreet Solution: The Basic Strategy Guide, and the Advanced Site provide an approach to strategy development that has been developed and tested in many industries over the last several years. These approaches can be used consistently in any market.

Problem: "Our strategy development process is too costly and time consuming..."

StrategyStreet Solution: StrategyStreet, especially the Basic Strategy Guide, minimizes the time it takes for a manager to develop a sound strategy. For a very small cost, you have access to efficient and practical approaches to resolve the major issues you are likely to face.

Problem: "Our strategy becomes outdated quickly..."

StrategyStreet Solution: A strategy should be a "living" plan that adjusts as customers and competitors change what they are doing in the marketplace. StrategyStreet enables you to make these adjustments by helping you develop a greater sense of important issues and and of how to address them. The Diagnose Tools section provides useful advice to address issues that typically emerge as an industry matures.

Problem: " We spend too much time transferring knowledge and communicating our strategy..."

StrategyStreet Solution: StrategyStreet facilitates easy and clear communication. Our approach to strategy development applies to any business and includes the use of many strategic concepts that appear in most industries. The Glossary of Terms section describes the meaning of each important concept along with industry examples (look for Examples» links in the Glossary and throughout the site).

Problem: "We do not see some of the pitfalls in our strategy..."

StrategyStreet Solution: The approaches recommended in the Basic Strategy Guide, and the Advanced Site keep you from making very common strategic mistakes and ensure that you will not overlook important issues. The Perspectives and Symptoms and Implications sections offer advice and warnings about current industry developments. The Benchmarks section helps establish reasonable expectations by providing guidelines on likely financial results.

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