Strategy

Organizations use strategy as a concept to make sure the organization is fit for the tasks in the future. Making the organization needed and necessary.

Dragon1 Enables You to Develop your Strategy

You will make better decisions if you create a blueprint of your organization on Dragon1.

The challenge board members and directors are facing is that the organization is becoming more and more complex, it's ecosystem is changing every second, new technologies and concepts arise every minute. And the organization is switching from a human based organization towards a computer or robot based organization.

Strategy is a plan of action designed to achieve a long-term or overall aim.

This all makes it much difficult to define new strategies and to execute them.

It is hard to develop a new strategy on your own, or work without exploring various what-if scenarios.

Therefore Dragon1 supports everyone in developing their strategies with a unique set of collaboration, modeling and visualization features. Together as a strategic planning team you can get the job done.

Alignment of Goals and KPIs

How great would it be if you could visualize and manage the impact of your strategy on the business?

If you were able to do this, think of what it means for realizing your goals, objectives and aims.

If you want it to be true you need to model and visualize your strategy first and then model and visualize your business.

The step you need to take before that is to collect all the necessary data for modeling your strategy and business.

Dragon1 helps you in doing that by hinting what you need to collect and next import the data. And to make no secret of it: collecting the correct strategic data is the hardest part of developing your new strategy. Using the Dragon1 platform to model and visualize it, is the easiest part.

Take for instance goals and KPIs. On Dragon1 you can administer goals, objectives, aims and many more of these strategy data types.

Goals and KPIs are the two most used.

A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively a company is achieving key business objectives and goals. Organizations use KPIs to evaluate their success at reaching targets.

Dragon1 promotes you to define every data type you collect, like we do here with KPIs. The better you know what a KPI is, the higher the quality of data is you collect and enter.

Also goals, objectives and targets have a specific relationship. Also bringing order in this will increase the quality of data and model you create.

The question to you is: do you have all your goals, objectives, target and KPIs ready to enter?

No? No problem at all. Just give us a call and we'll help you.

Yes? Well, create a free trial account and start developing your new strategy. Monitor its execution by visualizing KPIs on Dragon1.

Building a Strategy Map

The most used diagram to communicate strategy is the Strategy Map. Below you see an example diagram, which is also available as template.

But what is a strategy map?

A strategy map is a diagram that is used to document the primary strategic goals being pursued by an organization or management team.

The strategy map idea featured in several books and articles during the late 1990s by Robert S. Kaplan and David P. Norton. Their original book in 1996 "The Balanced Scorecard, Translating strategy into action", contained diagrams which are later called strategy maps. Read more about this on Wikipedia.

Over 100 organizations already have created a strategy map and have used it to make better strategic decisions. Are you next?

Business Strategy

A business strategy is the busy road to cross to achieve the desired goals and objectives. It is like a long-term business planning. A business strategy often covers a period of about 5 years.

Four common steps to develop a business strategy are:

  • 1. Settle a vision for your business
  • 2. Define a mission
  • 3. Set out objectives
  • 4. Establish norms, values, goals, programs and projects.

All these activities are supported on the platform. This enables you to create an business strategy you can think of.

Often a list of ten Business Priorities to direct and guide the business strategy is defined.

A list of trending business priorities is:

  • 1. Modernizing the business model
  • 2. Optimizing the operating model
  • 3. Modernizing workforce skills
  • 4. Centralization
  • 5. Globalization
  • 6. Focus on export
  • 7. Business Process Outsourcing
  • 8. Partnerships
  • 9. Intellectual Property and Patenting
  • 10. Innovation and Startups

Do you have a list of business priorities yet?

IT Strategy

Technology strategy (information technology strategy or IT strategy) is the overall plan which consist of objective(s), principles and tactics relating to use the technologies within a particular organization.

One can develop an IT strategy apart from the business strategy, but aligning these two will really boost the competitiveness and adaptivity of the organization.

Like the business strategy also the activities to develop an IT strategy are supported. This enables you to create an business strategy you can think of.

It is common to define a list of ten IT priorities to guide your IT strategy.

A list of trending IT priorities is:

  • 1. Digital Transformation
  • 2. Cyber Security
  • 3. Robotics
  • 4. Virtual Reality and Augmented Reality
  • 5. 3d Printing
  • 6. Business Intelligence
  • 7. Smart Engines and Big Data
  • 8. Cloud First and DevOps
  • 9. Self Service
  • 10. Create a digital ecosystem ready organization

Strategic Planning

Strategic planning is a mixture of activities to really plan your strategy, so you can execute it. To name a few: setting priorities, focusing energy and managing resources and operations, ensuring employees and stakeholders are working towards a common goal, and establishing agreement around intended outcomes and results and assessing and adjusting the direction of the organization in response to a changing ecosystem.

To make sure you balance all these activities. It is a best practice to use a framework or approach to do the strategic planning.

Often strategic planning results in creating a strategic plan.

A strategic plan is a document that contains the goals of the organization, and the course of actions needed to achieve those goals plus all of the other critical elements that are developed during the planning exercise.

Dragon1 supports you in doing strategic planning and creating a strategy plan. But not only a textual one. Also an effective visual one.

By creating a blueprint showing the business process and IT systems in relation with each other and their interdependencies, you will see patterns and opportunities you otherwise would not see.

By using the platform you will able to make better decisions in strategic planning and have better aligned processes and better integrated it systems.

If you want to start using Dragon1 to develop strategy and like to be supported, you can contact us at info@dragon1.com. We are happy to discuss your needs and get going.