Business strategy frameworks in order to help you and me and all the other members of our local communities in the world better understand the nuances of business success. These frameworks serve as a tool for individuals, professionals, and businesses alike to not only implement their ideas but also connect them with current best practices in business today.

What is a framework? A framework, in its simplest form, is simply someone else's ideas about how something should be done which you can use as the basis for your own idea or action plan of action. In this case, we are going to look at some popular business strategy frameworks that will help define what a good business strategy looks like, sounds like, and feels like. What does a successful outcome of a project look like? What would a customer say? What is the real reason we are doing this and what metrics will we use to determine if we were successful.

What is important about business strategy frameworks? Other than everything, in order for us to be successful, we must learn from our mistakes and the successes of others and build upon their experiences in order to gain at least some clarity on what may work best for us. This is true when capitalizing on any new opportunity calling your name whether it is an idea or something that requires your leadership, attention, or budget. You can never know too much information available when making any decision including how to start a business, expand an existing business, or even where to go next with your life! reading through some examples of framework analysis can help you get a better idea of where your next step might lay.

business strategy frameworks are tools that help structure business thinking and guide businesses as they grow and accomplish their missions. Join us at Strategy Kiln to get the fundamentals down, strive for deeper understanding, and improve the way we drive value and growth, both for ourselves and the companies we work with.

What are the top business strategy frameworks today? The following will give you some great examples of what qualifies as a good business strategy framework ranging from lean startup to visioning for small businesses, non-profit organizations, and even large complex multinational corporations. These examples have been proofed through time and many rounds of discussion in forums about their practicality, economy, and simplicity by professionals ranging from cross-functional teams to seasoned executives just looking to get out of another round table meeting!

What Are Some Strategy Frameworks?

Strategy-Making Framework

A six-step process to creating an organization's strategy for long term success.

The 5C Framework

Developing a customer-centric vision, using the core competencies to develop competitive advantage, capturing value in its defined market and reinvesting excess capital to create revenue growth opportunities. It is not based on assumptions about competition or the environment, but rather it analyzes internal performance, strategies that competitors are adopting, and industry trends. Outstanding companies like Apple Inc., Amazon.com Inc., Google Inc., Facebook Inc., and Starbucks Corp would be considered when applying this framework.

Another way of thinking about business model innovation is through the perspective of five key components: Customer segments; Value propositions; Channels; Customer relationships; and Costs. One example of this framework is Netflix, Inc. The video streaming service has expanded its business model to provide both online fitness videos and original programming for entertainment.

Six-Sigma Framework

Created by Motorola in 1986, 6 Sigma is a problem-solving methodology that seeks to improve quality in manufacturing or business processes by identifying the causes of defects (errors) and removing them. This strategy was created in response to Japanese competition policy in the 1960s where it became apparent that companies needed to become better at managing variation rather than adhering to mass production techniques if they were going to excel in the market place. It also aligns with newer strategies like lean management which can be seen as a more successful implementation of the Six Sigma framework.

Strategy by Design Framework

Having a "strategy by design" means that companies put into place an idea early on and then develop their strategy based upon that idea, rather than arriving at it after considering all options available to them. There are no hard and fast rules used when creating this type of strategy; instead, companies will spend time finding out who they want to be and what goals they want to accomplish and then build a plan around those ideas. This is best seen in small businesses or new companies where startups can use this type of strategy-making process as a way of differentiating themselves from larger competitors. It is important for these companies to have a sound, well-thought-through product or service idea from the outset because it will make every decision they make after that much easier.

Broadacre City

Developed by Frank Lloyd Wright in the 1930s, this is a city planning strategy where everything would be self-sufficient and there would be very few boundaries between private and public space. A large part of the focus was on flexibility with this design so that it could adapt to changes or 'growth spurts' as required. In reality, Broadacre City wouldn't work due to its inflexibility and lack of central control though it does have some merits in terms of being able to spread out over a large area while still maintaining a connection through roadways and highways. This type of can also be seen in companies who implement a strategy that has no particular focus and instead just tries to do everything possible.

Experience Curve

The experience curve was developed by BCG in the 1970s and focuses on competitive advantage through cost reduction based upon accumulated production or operations history. It can also be applied to any situation where work is done repeatedly over time such as specific training programs, employee training, etc... The incremental improvement expected from increased experience can be derived from knowledge of how much it costs to produce each additional unit (also known as the learning curve) and how many units must be produced annually for this cost to decline. For example: if it costs $2 million dollars and 10,000 units must be produced each year then we would expect the price per unit to decrease by 20% (i.e.: $1.6 million) once the company has produced its 10,001st unit and so on for each additional unit it makes.

Companies who rely heavily on the experience curve strategy will often seek out companies with significant production or operational history as a means of securing material that is cheaper due to the synergies created through this type of purchasing power. A more modern interpretation can be seen in places like Walmart which has grown into such a large company that they are not only able to negotiate lower prices from their suppliers but also have another channel of distribution open to them; i.e., selling their competitors' goods at lower prices than those companies are able to do themselves. This type of competitive advantage can also be seen in certain technology companies where they may have the first mover advantage and therefore a greater production history than their competitors.