October 10, 2022
Strategy
We help companies formulate and implement 21st-century winning business strategies to drive profitable growth in the rapidly changing hypercompetitive VUCA global business environment. We assess the mix of the classical and “nontraditional” competitive strategies and develop and recommend the optimal singular strategy or integrated business strategies that drive(s) profitable growth. Strategy is a plan of action leading to a destination. Business strategy is an organization’s deliberate actions to position and/or find valuable new places to create sustainable competitive advantage and drive profitable growth through efficiently allocating capital across business unit(s). Strategy concerns an organization’s long-term direction by making the right choices. It requires choosing unique and different activities that rivals find difficult to match or perform differently. Given the far-reaching implications of poorly formulated and executed strategy on the going concern status of an organization, the approach of future-thinking organizations in search of sustainable, profitable growth in the 21st century must address the persistent gap between an organization’s ambitions and performance.
The gap is more alarming in the context of an overarching global strategy wherein those responsible for formulating the strategy and the employees and frontline managers closest to customers who implement the organization’s strategy do not understand or are unaware of the strategy. Furthermore, the vast geographies that may separate the framers of the global strategy and those executing the strategy may widen the gap between company ambition and operating results. TMCG helps organizations address their most crucial global strategy problems to facilitate the creation of substantial and enduring value. TMCG will partner with your organization to identify, develop, and translate your global strategy into actionable corporate plans to achieve sustainable, profitable growth. And maximize enterprise value. We help companies address four pivotal questions that are critical to improving the quality of planning.
  1. How can we best increase our agility and preparedness in the rapidly changing and increasingly complex hypercompetitive global business environment?
  2. To create, sustain and or enhance our competitive advantage, how best can we generate creative insights?
  3. How must our organization translate strategic vision into actionable corporate plans and realistic annual budgets?
  4. Are the current processes to achieve our objectives focused, or can they be markedly improved?
As globalization gives way to “globality” in the 21st century, every business, irrespective of size, age, home country, or industry, will come under increasing competitive pressures never experienced before. Strategy development in the 21st century must avoid the bureaucracy-plagued process of the traditional strategic planning of the 20th century. Creating, sustaining, and enhancing competitive advantage must be prioritized given the realities of the new hypercompetitive world. A key challenge confronting organizations in the 21st century’s complex operating environment is to find/choose the right approach to strategy-BCG    
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