The 3D Approach for Strategy includes: Diagnose, Decide and Deliver.
Diagnose
Diagnose is about:
- analyze the external environment
- analyze the internal context
- specify key challenges and opportunities
- identify root causes and key insights
There are multiple factors to consider when diagnose, for instance STEEP for macro-environment, Five Forces for industry environment.
Framework for Diagnosing
Decide
Decide is about:
- generating alternatives
- performing an initial screen
- establishing assumptions and evaluating hypotheses
- confirm choices
Framework for Deciding
Deliver
Deliver is about:
- Design the recommended solution
- gain buy-in for recommendation
- plan the implementation
- monitor the execution
The Effective Execution Assess Form
Other Frameworks to Use
- Competitor Analysis
- Financial Performance Analysis
- Root-Cause Analysis
- S-Curve
- Hypothesis Testing
- Segmentation Analysis
- Vertical Integration
- Market Penetration
- Business Model Canvas
- Balanced Scorecard