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๐“๐ก๐ซ๐ž๐ž ๐•๐š๐ฅ๐ฎ๐ž ๐๐ซ๐จ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ

Post date :

May 26, 2024

The scoop: in strategy, there is not 1 Value Proposition, but 3.
Let's delve into these ๐ญ๐ก๐ซ๐ž๐ž ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ฌ๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐จ๐ฎ๐ญ๐œ๐จ๐ฆ๐ž๐ฌ every organisation should master:

1๏ธโƒฃ ๐•๐š๐ฅ๐ฎ๐ž ๐ฉ๐ซ๐จ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ž๐ซ๐ฌ: Addressing customer needs and standing out from the competition are paramount. Your value proposition should crystallise how your organisation, product, or service directly meets those needs and what sets you apart from the rest.

2๏ธโƒฃ ๐•๐š๐ฅ๐ฎ๐ž ๐๐ซ๐จ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐’๐ก๐š๐ซ๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ: Investors and shareholders seek more than just promises; they crave confidence in future financial outcomes. Outline the expected returns and financial benefits of your strategy, reassuring shareholders of sustained trust and increased financial investment in your firm.

3๏ธโƒฃ ๐•๐š๐ฅ๐ฎ๐ž ๐๐ซ๐จ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐๐ž๐ซ๐ฌ: Beyond profits, your impact on stakeholdersโ€”from employees to communities and the environmentโ€”is non-negotiable. Embrace the responsibility to offer more than products, mitigating negative impacts and championing societal and environmental causes. Incorporating this ethos into your strategy is not just admirable; it's becoming imperative in today's landscape.

These three value propositionsโ€”market, financial, and societal outcomesโ€”form the backbone of a robust strategy. It's not about over-committing; it's about strategic precision.

Deliberately define what you offer and what ๐ฒ๐จ๐ฎ ๐๐จ๐ง'๐ญ ๐จ๐Ÿ๐Ÿ๐ž๐ซ, aligning your actions with your values and objectives.

#TripleValueProposition #TripleStrategicOutcomes #RethinkStrategy


Author: Anael Granoux