Validating and authorizing a business strategy requires thorough understanding of:
the processes that represent the future state
the plans to put those processes in place, and
substantial agreement among the stakeholder groups
Creating these results is precisely the work of collaborative solutions development.
This is the second major reason that collaborative solutions development capability is a strategic competitive competency.
Challenges and Opportunities
Cycle Time in Strategic Planning and Implementation
Challenge: Designing and implementating strategic change requires inputs from managers, stakeholder groups and industry experts. Up to a point, more information will produce a better strategy. However, gathering and integrating the information can sometimes take so much time that the opportunity that the strategic plan is aimed at may disappear before the plan is completed. A similar problem arises during implementation of the strategic plan. The plan may be so broad and complicated that it cannot be communicated, understood and committed before the window of opportunity closes.
Opportunity: Increased levels of collaborative solutions development capability can help an organization create more realistic strategies and implement them more quickly.
