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GOT A REAL & COMPLETE VALUE-DELIVERY STRATEGY?
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Here,
you are asked to consider the extent to which your organization,
for the business you are reviewing, has a real and complete
strategy, as defined by the DPV approach.
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Value-Delivery Culture? - Question #8:
Situation Analysis?
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An important foundation
for a complete strategy is a Situation Analysis, continuously
updated to summarize the state of the business. Key
elements include: definition of the relevant market
space for this business; its total market size and trends;
our business' revenue, market share, profit, and key
recent trends for these basic indicators; description
of the most important Value Delivery Chains in the relevant
market; key facts about customers and relevant others
in the chain, including relevant segmentation and pertinent
behaviors (habits and practices) and attitudes; key
facts about important and potential competitors; review
of important trends and discontinuities, in, e.g., technology,
customer/chain structures, competitive activity, regulatory
environment, etc..
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To what extent is the
above-described element documented, in support of your
business' strategy?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #9:
Clear financial and other objectives stated in this business' strategy?
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A value delivery business
strategy states what the organization intends to do,
in order to achieve its specific goals. These goals
are key criteria against which the balance of the strategy
can be understood, evaluated, and measured. These goals
usually should include target revenue, market share,
and profit, over some appropriate short and a longer
term. (Strategic goals may also include more indirect
objectives, such as indirectly supporting other businesses,
or establishing a beach head in a market, with intent
to expand into other related businesses later, etc.)
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To what extent is the
above-described element documented, in support of your
business' strategy?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #10:
Value Delivery Chain analyzed, with primary entities identified?
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A complete strategy should describe the Value Delivery Chain(s) relevant, indicating where the primary entities are in the chain, and which other entities are important supporting entities. If not automatically self-evident, the rationale for the selection of primary entities should be provided.
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To what extent is the
above-described element documented, in support of your
business' strategy?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #11:
A real and complete primary Value Proposition articulated?
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At the heart of a business
strategy should be a real and complete Value Proposition
to the primary entity, followed by the Value Delivery
System describing how this proposition is to be successfully
delivered. Looking at the strategy and business-plan
documents for the business you are reviewing, look at
the section that purports to be a Value Proposition,
or that section that seems to come closest to being
a statement of the Value Proposition to the end-user/primary
entity. Then consider whether the following questions
are answered explicitly and as unambiguously as possible
in that document. (Remember this section of the Assessment
does not just ask if there is a statement claiming to
be a "Value Proposition" or marketing strategy
or mission, or whatever. The question here is whether
the business strategy you are reviewing actually answers
the following specific questions, for the primary entity.)
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Value-Delivery Culture? -
Question #11-I:
Who is the intended customer? (Who will derive the resulting
experiences chosen in this Value Proposition?)
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To what extent is this question clearly, explicitly answered in your Value Proposition?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? -
Question #11-II:
What is the specific timeframe for delivering
this proposition? (When, for how long, will we deliver
it?)
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To what extent is this question clearly, explicitly answered in your Value Proposition?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? -
Question
#11-III:
What does our business want this customer to do? (What
do we propose to the customer that they do? What purchase
and/or usage of products/services, and any other behaviors,
do we want them to perform? This answer should NOT describe
the resulting experiences the customer will derive -
see Value-Delivery Culture? Question #11-V; the answer here should just state what
we want them to buy/use/do.)
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To what extent is this question clearly, explicitly answered in your Value Proposition?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? -
Question #11-IV:
What are the best competing alternative(s) this
customer will have available? (If they do not do as
we wish, what will they most likely do? What competitor
to our business would they select, and/or what competing
option would they pursue?)
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To what extent is this question clearly, explicitly answered in your Value Proposition?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? -
Question #11-V:
What resulting experiences will this customer-entity
derive, compared to their best alternatives, IF they
do as this business proposes? (Including price and including
equal or inferior experiences.)
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Remember that each resulting experience:
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Is an event or
events in the customer's life/business, resulting
from doing what we want them to do, with some
end-result consequence of some value for them,
in comparison to their alternatives, expressed
in measurable, specific terms.
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Is not a description
of us, characteristics or features/attributes
of our products, services, processes, resources,
or functions
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Nor is it a vague ambiguous topic or platitude
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To what extent is this question clearly, explicitly answered in your Value Proposition?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #12:
Real, complete Primary Value Delivery System articulated?
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A real and complete
strategy goes on to describe in detail each important
action, resource, and process needed to deliver the
primary Value Proposition discussed above. This element
of strategy is the Value Delivery System (VDS).
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Value-Delivery Culture? -
Question #12-A: - Providing each resulting experience -
For each
resulting experience in the primary Value Proposition,
the VDS first describes what must be done, by whom,
in order to Provide that experience to the primary entity.
The product/service is usually central to Providing
many of the resulting experiences in a Value Proposition.
Thus, here (not in the Value Proposition itself) is
where the key features and performance attributes of
the business' product/service should be discussed, as
relevant to Providing each experience. If the product/service
does not yet exist or needs revision to help Provide
the Value Proposition, then it may be appropriate to
describe how R&D and other resources will develop
or enhance the product/service. Other functions and
resources may also be crucial to Providing some resulting
experiences. Manufacturing, Supply Chain, Service, and
Sales are typical examples. Some activities may be required
by entities outside the immediate organization that
owns this business. Other parts of our company, or other
entities in the chain may need to play a role in Providing
some resulting experiences.
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To what extent is the
above-described element documented, in support of your
business' strategy?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? -
Question #12-B: - Communicating each resulting experience -
For
each resulting experience in the primary Value Proposition,
the VDS also describes what must be done, by whom, in
order to Communicate that experience to the primary
entity. To Communicate the resulting experience is to
ensure that the customer understands what the promised
resulting experience will be, what its value is relative
to alternatives, and why the customer should believe
that our business can in fact Provide it. Sales, Advertising,
PR, Packaging, and various other functions may be centrally
involved. Simply listing these functions, however, falls
short of specifying how they will actually Communicate
each resulting experience. Again, some activities may
be required by entities outside the immediate organization
that owns this business. Other parts of our company,
or other entities in the chain may need to play a role
in Communicating some resulting experiences.
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To what extent is the
above-described element documented, in support of your
business' strategy?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #13:
Supporting Value Propositions and VDS's articulated?
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For key supporting entities
in the Value Delivery Chain relevant to the business
you are reviewing, the complete strategy should articulate
the supporting Value Propositions and VDSs, following
the same structure as discussed above for the primary
entity
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To what extent is the
above-described element documented, in support of your
business' strategy?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #14:
Key capability gaps, and how these
will be closed, identified?
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The complete value delivery
strategy needs to identify key capabilities that the
organization will need to build or bolster, in order
to deliver the Value Propositions chosen above. It must
also indicate how these gaps will be closed, with what
initiatives, at what cost.
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To what extent is the
above-described element documented, in support of your
business' strategy?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #15:
Key needed resources identified?
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The complete strategy
must identify the financial and human resource needs
to implement it, and should also identify any key leadership
requirements to ensure success.
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To what extent is the
above-described element documented, in support of your
business' strategy?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #16:
Key risks identified?
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Finally, most strategies,
and any breakthrough-growth strategy, will entail some
risks, including financial, competitive, and sometimes
channel-conflict. In addition, there is often risk of
executional failure, where key capability gaps may not
be adequately closed. The strategy must address the
nature of these risks and how the organization will
manage them.
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To what extent is the
above-described element documented, in support of your
business' strategy?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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