Strategy is defined as an integrated set of choices that positions an organization to create sustainable advantage and superior financial returns relative to its competitors. Catalyst’s Strategic Choice Making consulting service was developed to facilitate the creation of a focused, organized process to develop and execute strategic decisions.
Defining an organizational strategy is hard work – and executing it is even more challenging. Tough choices often don’t get made at all, and even choices that appear to get made fall apart before they are ever put into practice. Strategic Choice Making helps identify the barriers to successful execution by creating alternative approaches about “where to play and how to win.” Decision makers follow a thoughtful process to answer the critical questions that inform the development of strategy within an organization. By testing potential scenarios against real-world data generated by the group, participants commit to their choices of where they will focus their efforts in the market and how they will succeed.