October 2013
Beginner
280 pages
6h 56m
English
Content preview from How to Think Strategically
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8
Solving the core challenges
ONCE YOU HAVE DETERMINED YOUR CORE CHALLENGES and used these to set your goals, the next question to address is how they can be overcome. Which strategic initiatives and which solutions should be developed in order to address the core challenges? On which activities should the organisation focus? Obviously intuition can help here, especially when it comes from an experienced and successful manager. In Chapter 2 the senior consultant solved the challenge of the cash-strapped airline very simply: he used his experience gained over the years to decide that the only correct solution was to immediately increase prices by 20%. And because his intuition was good, this solution worked. However, not everybody has the ...
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