FMG-Strategy Development
Developing your future strategy with the FMG
Using the "FMG-StrategyDevelopment" solution, you develop your future strategy with your team and with us in the following stages. We use highly effective methods and tools in every phase, which have been selected specifically for your FutureStrategy-Development.
The Eltville Model has proven its value in developing future strategies in more than a thousand of our applications and in numerous organizations all over the world. The Eltville Model offers a sound conceptual basis. It consists of the five futures glasses model, a work process and the results model with all elements of your future strategy. Read a detailed description of the Eltville Model.
1. System Analysis
Together we develop a graphic overview of your current business and adjacent areas. Your team thus always has an overview of the entire market system and the influencing factors. In this way we can efficiently familiarize ourselves with your business and your strategy to date.
With our support, you determine the most important questions on the future changes to your environment and your future strategy.
2. Future Radar
Which future factors determine your future? We use the FutureNet and targeted research to ascertain the trends, technologies and issues that determine the future of your markets and therefore of your company, to be able to provide indications and answers to the future questions you asked. We go way beyond the usual (mega) trend analyses.
3. Assumption Analysis
How could and will your market environment and the work and life environment of your customers change in the next five to ten years? Each of your decisions is based on future assumptions. Because no one can foresee the future, the quality of your future assumptions is crucial to your success. With the help of the future factors (trends, technologies, issues) ascertained from the "Future Radar", we determine which changes are imaginable and evaluate their probability based on solid arguments. With you and for you, we systematically check and improve the resilience of your future assumptions and the robustness of the fundament of your future strategy.
4. Surprise Analysis
Which potential surprises in customer behavior, technologies, competition, or other areas of influence do you need to plan for? Only one thing is certain about the future: it will surprise us. We identify and analyze the possible strategic surprises, assess them and develop contingency strategies with you. The surprise analysis broadens the imagination of your team and, as well as developing a sounder strategy, also provides additional future opportunities.
5. Opportunity Development
Which threats and opportunities for future markets, products, strategies, processes and structures develop out of the future developments and potential surprises? If you ask successful entrepreneurs about the foundation of their success, you frequently hear: “We recognized early, that…….”. Opportunities that were recognized early are the real origin of every company and every success. With the help of highly effective and proven methods and tools for recognizing opportunities, we jointly identify and assess your future opportunities.
6. Vision Development
What do you want your company to look like in three, five or ten years in the sense of a strategic vision? In the next step, you need to decide how you actually want to set the course towards the future. A strategic vision is the concrete picture of a fascinating, jointly strived for and achievable future. It is like a template for your day-to-day business. It reduces misunderstandings, facilitates orientation and therefore leads to greater efficiency, meaning lower costs and higher profits. Using effective methods and tools, we develop and evaluate a number of vision candidates with you, assess them against several criteria and pull the best ones together into a strategic vision unique in your market. In the final stage, we visualize your vision, so that your team and your employees have a clear picture of the future to be strived for together and so that you can effortlessly keep a note of the elements of your vision.
7. Strategy Development
What do you want and need to do now to realize your strategic vision and immunize yourself as far as possible against potential surprises? With our methodic support, you select the right strategic guidelines, objectives, projects, processes and systems from the numerous options. Your future strategy will only lead to success if binding agreements are made for your day-to-day business.
8. Institutionalization
How can you adjust your future strategy, regularly or on an ad hoc basis, to changes that have happened or are expected? We create a simple future management system for you, which enables you to recognize emerging environmental changes early and update your future strategy. We provide you with a range of tools for this purpose.