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Key Strategy Tools By Vaughan Evans

Key Strategy Tools by Vaughan Evans

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Key Strategy Tools Summary

Key Strategy Tools: The 80+ Tools for Every Manager to Build a Winning Strategy by Vaughan Evans

The strategy tools you need for your business to succeed! Let Key Strategy Tools be your guide to developing a winning strategy for your firm. Cherry-pick the most useful approaches for your business and create a robust strategy that withstands investor scrutiny and becomes your roadmap to success. Covering 88 tools and framed within an innovative strategy development process, the Strategy Pyramid, this user-friendly manual takes you through each step of the process. Whether analysing your market, building competitive advantage or addressing risk and opportunity, you'll find the strategic thinking tools you need at every stage in your strategy development. Following in the footsteps of the hugely successful Key Management Models and Key Performance Indicators, this book delivers professional-level information in the practical and accessible framework synonymous with the Key series.

Key Strategy Tools Reviews

I wish I had thought of the idea for this book. Or could have done it so well! The selection of topics is excellent, the commentary astute, and the explanations simple and engaging. Richard Koch, entrepreneur, co-founder L.E.K. Consulting, author of The 80/20 Principle This is a new, very practical and delightfully pithy approach to strategy making. It offers a fabulous compendium of the major strategy tools, woven into a no-nonsense, step-by-step strategy process. An enormously refreshing and helpful book, invaluable to novices and strategy experts alike. Marcus Alexander, Professor of Strategy and Enterprise, London Business School A really practical guide to strategy development. All the relevant tools are explained in detail, but highlighting the essential ones is a master stroke that will save endless hours! Adrian Beecroft, Chairman, Dawn Capital and former Senior Managing Partner, Apax Partners A comprehensive inventory of the tools and analytical frameworks of strategy. The key value of this book is the guidance it offers on how to apply these tools - and this is rooted in Vaughan Evans' deep experience of working with them. Robert M. Grant, ENI Professor of Strategic Management, Bocconi University, Milan This is an interesting and usable book. Evans helps you navigate through the myriad of theories and toolkits on business strategy with a highly practical approach. Whether your business is a start-up, an SME or a multi-national, use it to help you devise a coherent strategy. Anthony Karibian, CEO, Bonline Ltd and co-founder, Euroffice Ltd and XLN Telecom Ltd (both exited) Everything you need from a tool kit, comprehensive, practical and high added value. Mike Garland, Partner and Head of Portfolio Group, Permira Advisers LLP This book really works. I hope it becomes a standard for every management team seeking private equity; it would certainly make my life much easier. David Williamson, Managing Director, Nova Capital Management A broad yet accessible explanation of the range of strategy tools actually used by businesses. Whether you are an experienced strategy specialist or newer to the field, you will find this an invaluable guide. Robert Samuelson, Executive Director Group Strategy, Virgin Media Strategy is at the heart of a successful business - with this excellent book, Vaughan Evans has provided an extremely clear roadmap to achieving that success. James Courtenay, Global Head, Advisory & Infrastructure Finance, Standard Chartered Bank A very satisfying read. This is a guide to strategy which covers all the necessary ground in a very straightforward and no nonsense way, employing a number of good real life examples of strategy in practice. It is written by a true expert and will prove an invaluable tool for anybody involved in the running of a business. Vince O'Brien, Director, Montagu Private Equity and Past Chairman of the British Venture Capital Association It can be difficult to keep up to date with all the latest developments in the world of strategy, let alone how one guru's work blends with those of his predecessors. Vaughan Evans has done it for us. He gives us a thorough refresher course, with each leading strategy theory, model or matrix presented as a tool in the manager's toolkit - and carefully placed in each step of the strategy process. Each tool is described in a lucid and vivid style seldom found in a business manual. Refreshing and invaluable for a DIY strategist. Christine Harvey, former Director of Business Analysis and Planning, GlaxoSmithKline R&D &nbs

About Vaughan Evans

Vaughan Evans has been a strategy consultant since the mid-1980s, working with a broad range of corporate clients, from small firms to global giants, and with over 50 financier clients, both structured lenders and private equity. For the last ten years he has been independent, specialising in business strategy, business planning and strategic due diligence. Vaughan is a graduate of Downing College, Cambridge and a Sloan Fellow with distinction of London Business School. He has written four previous books including the bestseller The Financial Times Essential Guide to Writing a Business Plan.

Table of Contents

Publisher's acknowledgements Introduction The Strategy Pyramid How to use this book Business vs corporate strategy Section 1: Knowing Your Business Overview Essential tools 1. Identifying key segments 2. Issue Analysis (Minto) Example: British Aerospace's super segment Useful tools 3. The 80/20 Principle (Pareto) 4. The Segmentation Mincer (Koch) 5. 5C Situation Analysis 6. SWOT Analysis Section 2: Setting Goals and Objectives Overview Essential tools 7. Setting long-term goals 8. Setting SMART objectives 9. Maximising shareholder value 10. Balancing stakeholder interests Example: Which goals count for RBS? Useful tools 11. Creating Shared Value (Porter & Kramer) 12. Economic Value Added (Stern Stewart) 13. Balanced Scorecard and Strategy Map (Kaplan & Norton) 14. Core Ideology (Collins & Porras) 15. Business as a Community (Handy) Section 3: Forecasting Market Demand Overview Essential tools 16. Sizing the market and Marketcrafting (Evans) 17. The HOOF Approach to Demand Forecasting (Evans) Example: Galileo's Hiccup in Market Demand Useful tools 18. Smoothing through moving averages 19. The Income Elasticity of Demand 20. Survey methods of demand forecasting a. Survey of customers' intentions b. Salesforce estimation method c. The Delphi method d. Pilot test marketing 21. Statistical methods of demand forecasting a. Trend projection b. Regression analysis c. Barometric method (NBER) Section 4: Gauging Industry Competition Overview Essential tools 22. The Five Forces (Porter) 23. Assessing customer purchasing criteria 24. Deriving key success factors Example: Woolworths succumbs to the five forces Useful tools 25. Weighing economies of scale 26. Corporate environment as a sixth force 27. Complements as a sixth force (Brandenburger & Nalebuff) 28. PESTEL analysis Section 5: Tracking Competitive Advantage Overview Essential tools 29. Rating competitive position 30. The Resource and Capability Strengths/Importance Matrix (Grant) Example: Cobra Beer's clever competitive advantage Useful tools 31. The Value Chain (Porter) 32. The Product/Market Matrix (Ansoff) 33. Cross,Spider and Comb Charts 34. Benchmarking 35. Structured interviewing Section 6: Targeting the Strategic Gap Overview Essential

Additional information

Key Strategy Tools: The 80+ Tools for Every Manager to Build a Winning Strategy by Vaughan Evans
Used - Very Good
Pearson Education Limited
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Key Strategy Tools