Most organizations do start with a Strategy in place, which is intended to create a Competitive Advantage and ensure sustainability of their pursuits - Revenues, Profits and Value Creation.
To ensure that the visualized strategy is effectively unfolded on ground, Firms also create a Structure, which is nimble and progressive and is conscious of ever-changing dynamics. Yet only few succeed in attaining their short & long-term objectives, while rest succumb to unwarranted Strategic Deviation. This is largely an outcome of an “initially innocuous’ but “Potentially Dangerous Inward Focus”. While Strategists may argue that a deep inward focus is essential for consolidation, they often overlook that one-track inward preoccupation with subconscious disregard to an outside perspective is nothing but slow poisoning.
Periodically and on a regular basis, organizations must expose themselves to outside interventions, to unearth the creep, revisit their core competence and reassess their strengths & weaknesses. This will enable Corporations, an ever-updated & dynamic stance on Strategy, Mid-Course Correction and the Strategic Moves; required for significantly higher level of business activity & value creation.
When it comes to identification of potentially significant strategic moves - Market Seeking or Resource Seeking or both, two factors are most important. Synergy at the beginning of the journey and Integration towards the end of implementation path are indeed the most critical aspects. It is indeed between these two dimensions that the organizations have to navigate, while choosing an option of Organic vis a vis Inorganic Growth.
Experts at Jini Global understands this dilemma extremely well. They have tremendous experience in differentiating between the perceived synergy and actual attainable synergy before leading their clients through meaningful interventions in Business Strategy, Corporate Strategy & Organizational Structure & Design.