Strategy

Five Strategic Approaches

BCG suggests there are five strategic approaches to consider, and each is “optimal in different situations” whilst "each requires entirely different capabilities, processes, and tools.” They are:

1. The Classical Approach which is appropriate when operating in “environments with low unpredictability and low malleability”

2.... See more

Critical Systems Thinking uses various systems thinking approaches to generate multiple partial perspectives that may be useful in making strategic choices when faced with a problem or opportunity - choices that are likely to put value creation at risk or create added value.

It also uses a multi-disciplinary approach, to benefit from the generating... See more