Operational Strategy

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Description

What is Operational Strategy?

--- Strategic management includes

  • understanding the strategic position of an organisation,
  • making strategic choices for the future
  • and turning strategy into action.

Johnson and Sholes, 2002

'Long term thinking', 'Ethical decision making' and 'Operational Strategy', falls under the heading of strategic management.

Thinking about the concept

A visual thesaurus search is always an excellent starting point to discuss a concept definition:

STRATEGY
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Relations of Operational Strategy within Corporate futuring (and Organisational futuring)

EGM - Cf - Operational Strategy - 3D - ENG.jpg

There exists a close vertical relationship within Corporate futuring:

On the Outer focus level, a direct affiliation exists with:

Corporate futuring and Organisational futuring intertwine, on the Outer focus level, through:

In concrete terms, this means:

  • The trio - 'Long term thinking', 'Ethical decision making' and 'Operational Strategy' - is inextricably linked.
  • Your 'Operational Strategy' contributes substantially to 'Financial management' and 'Business model'.
  • To realise your 'Operational Strategy' through 'Financial management', you need a 'Requisite organisation'. Even so, to realise your 'Business model', you need the right 'Human capital'.

Questions we can ask ourselves when contemplating our Operational Strategy

  • Is our 'Operational Strategy' based on 'Long term thinking'?
  • Are our decisions based on ethical standards?
  • Is our 'Operational Strategy' robust enough to generate a viable 'Business model'?
  • Is our 'Operational Strategy' keen enough to create financial flows?
  • Or is our 'Operational Strategy' a collider or a mediator between our 'Business model' and our 'Financial management'?