About this Presentation
This presentation examines the strategy literature, answers the question of what is a strategy (answers the question: what for?) and what is a tactic (answers the question: how?). The strategy node template is provided; the red curve (growth) and green curve (stability) is discussed. The structure of the S & T tree is explained along with the details of a node with necessity assumptions, strategy, parallel assumptions, and sufficiency assumptions.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
The speaker discusses the importance of understanding the connection between strategy and tactics in developing a plan for an organization.
The speaker emphasizes the need for both growth and stability in an organization, and how these can be achieved through a well-developed strategy and tactics tree.
The speaker highlights the concept of a decisive competitive edge, and how it can be achieved by satisfying a client's significant need to an extent that no significant competitor can.
Instructor(s)
Dr. Lisa Anne Ferguson
Dr. Lisa Ferguson's goal in life is to illuminate the way to utopia for individuals, organizations, and the rest of society. Our strategies and tactics are based on using the Theory of Constraints (TOC), combined with other best practices to dramatically improve strategic planning and execution, retail, education, healthcare and the health/happiness/success of individuals with a holistic approach. TOC was founded by Dr. Eli Goldratt to achieve his goal in life of teaching the world to think. For a decade, Dr. Ferguson was a full-time professor of operations management before resigning to teach for The Goldratt Group full-time training consultants (both TOC experts and Supply Chain Logistics implementers). Next, Dr. Lisa Ferguson spent a year (2007 – 2008) working as the apprentice to best-selling author and business guru, Eliyahu M. Goldratt as he trained her to become an even more successful writer and speaker, while further developing her TOC expertise. Her service on the TOCICO Board of Directors in an elected, unpaid position is from 2008 – 2011 and 2020 – 2021. Professor Ferguson is the author of the chapter on Strategy and Tactic Trees in The Theory of Constraints Handbook. Dr. Ferguson began teaching online classes for Illuminutopia in 2010. She is a published author (as well as an editor) and consultant with experience guiding Fortune 100 companies down through small businesses.