Strategy development requires a clear understanding of the environment within which the business operates together with a vision of where the business needs to be. Combined with analysis of the relevant gaps these form the basis of strategy development.Strategy development requires a clear understanding of the environment within which the business operates together with a vision of where the business needs to be. Combined with analysis of the relevant gaps these form the basis of strategy development.
Organisations cannot predict the future however they need to plan for the future. This dilemma drives Foresighting which is a way of seeing what the future might hold for an organisation. Vee Solutions staff have developed, facilitated and led foresighting events that delivered a clear vision of possible futures.
Based upon a forward view of trends Market Analysis determines the needs of a marketplace. Vee Solutions have supported clients in developing technology and market reviews that enabled them to make the business case for further evelopment of a technology.
The existing products within the market shape and (at least) partially satisfy the demand. Any new offering will have to find a niche within this constellation of existing offerings and so a thorough analysis is essential. Note that existing products can be from competitors and collaborators as well as your own organisation.
Gap analysis assembles and collates information from the various sources. The gaps identified in the future marketplace drive the innovation cycle leading to technology development and its corresponding research and development activity.
Vee Solutions staff have extensive experience of strategy development and have delivered turnaround strategies in the automotive industry.