Conclusion
A final cautionary word from Michael Porter: ‘The company without a strategy is willing to try anything.’
Yours won’t be one such company. By applying the 25 tools of this book, you should be well on the way towards developing a robust strategy for your firm.
There are, of course, many, many more strategy tools, perhaps not as essential as those set out in this book, but nevertheless useful for specific tasks and in certain circumstances.
Tools such as Stern Stewart’s Economic Value Added, Kano’s product quality and satisfaction and Collis and Montgomery’s Strategically Valuable Resources may be pertinent to your firm in your situation.
Other, more generic, tools such as scenario planning, making the strategic investment decision ...
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