Strategy in Action: A Holistic Management Strategy Framework to Navigate Businesses and Multinational Organizations

A Holistic Management Strategy (HMS) framework is a set of 10 frameworks that provide best-practice to design and develop strategy, differentiated between business unit and divisional/group level and adapted to situations of existing versus new markets and organic versus inorganic growth. It introduces new topics such as integrated business model and strategy & financial plan, attractiveness and opportunities framework, portfolio horizons, leadership & management excellence programme, company excellence, and seven meta-architectural levers to successfully address digital disruption.

Format: Paperback / softback
Length: 286 pages
Publication date: 29 April 2023
Publisher: Springer Nature Switzerland AG

Embracing a Holistic Management Strategy (HMS) framework is crucial for unleashing exceptional performance in any business or organization. This comprehensive book showcases the HMS, a set of 10 frameworks that offer best practices for designing and developing effective strategies. The HMS approach distinguishes between the business unit and divisional/group levels, adapting to situations involving existing versus new markets and organic versus inorganic growth. It introduces innovative topics such as integrated business models, strategy & financial plans at the business unit level, frameworks for evaluating attractiveness and opportunities in new markets driven by inorganic growth, portfolio horizons linked to the company's market valuation gap, leadership & management excellence programs like THICOSIV, company excellence based on balanced decision-making, the future of the strategy function, and seven meta-architectural levers to navigate digital disruption successfully. By embracing the HMS framework, businesses and organizations can unlock their full potential and achieve sustainable competitive advantage in today's dynamic and ever-changing landscape.

Introduction:
Strategic planning is a critical component of any successful business or organization. It involves the formulation and implementation of a well-defined plan that aligns with the organization's goals, objectives, and values. In this book, we will explore the key elements of a holistic management strategy (HMS) framework and how it can be applied to design and develop effective strategies.
The Importance of the Strategy Function:
The strategy function plays a pivotal role in shaping the direction and success of an organization. It involves the identification of opportunities, the assessment of risks, and the development of a clear roadmap for achieving organizational goals. However, many organizations struggle to execute their strategies effectively due to a lack of focus, alignment, and collaboration.
Embracing a Holistic Management Strategy (HMS) Framework:
A holistic management strategy framework provides a comprehensive approach to strategy development and execution. It encompasses a range of frameworks, tools, and techniques that help organizations align their resources, capabilities, and culture to achieve their strategic objectives. The HMS framework is differentiated between the business unit and divisional/group levels, allowing for a tailored approach to strategy development.
Key Features of the HMS Framework:
The HMS framework consists of 10 frameworks that provide best practices for designing and developing strategy. These frameworks cover various aspects of strategy development, including market analysis, competitive positioning, value creation, and decision-making. Some of the key features of the HMS framework include:

• Integrated Business Model: The HMS framework emphasizes the importance of an integrated business model that aligns all functions and processes within an organization. This model helps organizations create a seamless customer experience, optimize resource allocation, and achieve sustainable competitive advantage.
  
• Strategy & Financial Plan: The HMS framework includes a framework for developing a strategy & financial plan that is aligned with the organization's goals and objectives. This plan helps organizations allocate resources effectively, monitor performance, and make informed decisions about future growth and expansion.
  
• Attractiveness and Opportunities Framework: The HMS framework provides a framework for evaluating the attractiveness and opportunities in new markets. This framework helps organizations identify potential market gaps, assess risks, and develop strategies for entering and expanding in new markets.
  
• Portfolio Horizons: The HMS framework emphasizes the importance of portfolio management, which involves the selection and prioritization of projects and initiatives based on their potential impact on the organization's goals and objectives. This framework helps organizations balance risk and opportunity, optimize resource allocation, and achieve sustainable competitive advantage.
  
• Leadership & Management Excellence Program: The HMS framework includes a framework for developing leadership and management excellence programs that support the organization's strategy. This framework helps organizations identify and develop high-potential leaders, implement effective management practices, and create a culture of continuous improvement.
  
• Company Excellence Based on a Balanced Designed and Considered Decision-Making: The HMS framework emphasizes the importance of making balanced and considered decisions that align with the organization's goals and objectives. This framework helps organizations avoid decision-making biases, optimize resource allocation, and achieve sustainable competitive advantage.
  
• The Future of the Strategy Function: The HMS framework provides insights into the future of the strategy function, including the role of technology, data analytics, and innovation in shaping strategy development and execution. This framework helps organizations stay ahead of the curve, adapt to changing market conditions, and achieve sustainable competitive advantage.
  
• Seven Meta-Architectural Levers to Successfully Address Digital Disruption: The HMS framework includes a framework for addressing digital disruption successfully. This framework helps organizations identify and leverage digital technologies, develop new business models, and adapt to changing customer preferences and behaviors.
  

Weight: 492g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030947613
Edition number: 1st ed. 2022