There are a number of helpful methodologies and frameworks that I've picked up over the years and find useful in structuring the process of getting from CEO desire to desired outcome.
This was developed by Professor Malcolm Macdonald at Cranfield School of Management and was brought into Pilkington Glass by a consultant called Grant Oliver operating under the Marketing Process Company. I was a member of a strategy review team reporting into the board under the direction of the Marketing Director at the time, David Pinder. The outcome was a series of recommendations that would add £100M in UK revenues over three years while maintaining gross margin. The process looked like this:
One of my favourite outputs was the Directional Policy Matrix which very simply showed where to focus limited resources for maximum yield. Comparing market attractiveness factors with business strengths is obvious but seldom done and a lot of the value comes in the determination of how to segment your product/market (Ansoff Matrix) options, how to determine market attractiveness and how to determine whether you're better or worse than the competition at delivering that product into that market.
Along similar lines, a framework was developed in Silicon Valley to manage the product life-cycles of software products by a company named Pragmatic Marketing. This proved helpful in my days at Amdocs where I drove the product strategy for products in the area of Marketing Automation, Analytics and Business Intelligence. This framework was used to kill, build and acquire technologies and led to a global partnership with SAS.
The digital realm is constantly evolving with new business models, a technology arms race, hoards of self-proclaimed SEO experts and digital/creative agencies all vying for the attention of a new, mobile, social consumer. Here are a few depictions that I refer to on a regular basis:
The basis for all these techniques is built on a common principles: