Overview
Andersch strategy reviews
- provide you with an independent and professional assessment of a company’s medium- and long-term strategy, and
- focus on the company-specific resources and core competencies.
- As a workshop-based method, they incorporate the perspectives of various departments, decision-makers, and suitable opinion leaders (as required).
Areas of application
Andersch strategy reviews
- compare the relevance of the resources and competencies available within the company to the requirements from market developments and trends
- review the existing business model and evaluate the appeal of other strategic options
- prioritize options for action and develop a long-term corporate vision statement
- supply you with concrete recommendations for action to secure a lasting competitive advantage
Core benefits
- A 360° service package:
Andersch not only evaluates the existing strategy and offers concrete recommendations for action but also provides support if necessary for developing a robust corporate strategy.
- Integrative approach:
Andersch involves not only company management and the departments but also other technical or creative decision-makers and topic owners in the strategy development process.
- Independent, transparent evaluations:
As an auditing firm, Andersch has the neutrality needed to build stakeholder confidence in the results of the analysis and the recommended steps.
Approach
An Andersch strategy review comprises the preparation, completion, and documentation of structured workshops with the aim of achieving an independent, professional evaluation of your corporate strategy and deriving concrete recommendations for action.
First, we work with company management to define the workshop goals. Part of this preparation includes the creation of a clear-cut picture of the initial strategic situation, and we also work with the management team to specify the key topics and the core content.
In the workshops themselves, Andersch acts as a facilitator and catalyst. We draw on our extensive workshop and restructuring experience to ensure all work stays focused and on-target.
The results of the workshop are used to create a detailed action plan that provides a practice-oriented foundation for implementation.
Benefits
Our strategy review provides you with transparency about the strategic options available to a company with its resources and core competencies in your specific market segment. After all: successful positioning requires intimate knowledge of one’s strengths and weaknesses.
Examples of typical content include:
- Estimating individual company competencies and the company’s competitive position.
- Identification of core competencies able to create long-term value when considering market developments and industry trends.
- Comparison of potential strategic lines of attack on the basis of predefined core competencies and future trends.
- Evaluation of alternative courses of action in terms of market potential, competitive strength, and the likelihood of success, with the goal of clear-cut positioning.
- As a final step, a statement on the existing corporate strategy as well as potential adjustments or a refocusing of the strategic thrust.