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Strategy Dynamics
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![]() What is mystrategy®? Will I need special training in order to be able to use mystrategy®? What does mystrategy® do for me? How do I use mystrategy®? What benefits can I get from using mystrategy®? What is this 'Strategy Dynamics' approach? Why can't I just use regular spreadsheet methods? Will upgrades be provided and how do I get them? Why are equations in Equation tab and Model tab not the same? (Added 22/12/04) What is mystrategy® ?
mystrategy® is a strategy planning software tool for managers and other
business professionals. The mystrategy® user can map key features of a
business and chart their performance through time. The software can be used in
"drawing" mode or as a simulation tool to show how key resources change in
response to management decisions. Will I need special training in order to be able to use mystrategy® ?
This software is accessible without special training. Tutorials and demos are
provided with the software. However, best use may be obtained with additional
training. If you are interested in courses please
What does mystrategy® do for me?mystrategy® assists you to create a quantified, numerical picture of
'performance through time' for any specific management issue, or for the
business as a whole. mystrategy® helps you produce an implementation
plan for any strategic or tactical situation. This helps you to decide who does
what and when to achieve required goals. It should help you identify areas of
business performance that require attention - e.g. re-focusing on customer
retention rather than acquiring new customers.
Read more about this approach. How do I use mystrategy® ?
The starting point is to identify a key issue of concern for example a loss of
customers, or a fall in profits. You then identify and map, using the software,
the key business components that contribute to the performance of this key
issue until you have an "architectural" plan. It can be possible to get a
sufficient understanding of the key components of the problem with a fairly
small number of elements - in other cases larger plans may be required. What benefits can I get from using mystrategy® ?Briefly:
What is this 'Strategy Dynamics' approach?Strategy Dynamics tackles crucial questions largely ignored by existing strategy approaches and textbooks.
Strategic management is concerned with building and sustaining the quantitative
performance of business through time, so the approach focuses exclusively on
numerical time-charts of performance and of the underlying architecture of
resources that drive that performance. The strategy field includes a strong
foundation - the 'resource-based view' and closely-allied competence-based and
knowledge-based approaches. Fundamental to these is the unavoidable and vitally
important notion of accumulating resources. Your performance today reflects the
resources you have right now, so future performance relies on building,
developing and retaining these resources. The way these processes play out
through time turns out to be quite tricky. Add to this the fact that resources
have to rely upon each other to grow and sustain, and it becomes clear why the
dynamics of business performance is difficult to understand and manage.
Why can't I just use regular spreadsheet methods?Spreadsheets are fundamentally ill-equipped to serve the purpose that mystrategy® fulfils. First, there is no pictorial connection between variables. In mystrategy® you can only calculate an item from others that are physically connected to it. Secondly, mystrategy® makes explicit for all variables the way in which its values are developing through time. Although you can produce time-charts for variables in spreadsheets, you can't see the relationships between them. mystrategy® is considerably more useful than spreadsheet approaches for top-level planning for 4 main reasons:
Will upgrades be provided and how do I get them?mystrategyTM upgrades within
the current release cycle are available free online. If you obtained your copy
from the Strategy Dynamics website then you can simply download the software
again. The current version number is shown against the download link so you can
check if you need it. Why are equations in Equation tab and Model tab not the same?
The equations in Equation tab and Model tab are identical for ordinary
variables, flows and constants. mystrategy® is a Registered Trademark of Global Strategy Dynamics Ltd |
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