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Strategy Map: Visualizing Value from Vision to Execution

  • Writer: Mike J. Walker
    Mike J. Walker
  • Jun 4, 2024
  • 3 min read

In strategy work, one of the greatest risks is misalignment—when the executive vision doesn’t translate into the day-to-day decisions that drive value. The Strategy Map is the antidote. It’s a simple yet powerful visual framework that connects the dots between long-term vision, business objectives, and operational outcomes.



Strategy Mapping Tool
Strategy Mapping Tool


What is a Strategy Map?

A strategy map is a visual tool that translates your organization's objectives into a coherent framework. It illustrates how various goals interconnect and support one another, providing a clear pathway from intangible assets to tangible outcomes. This is a one-page visual representation of your organization’s strategy.


It breaks down your mission into clear, cascading objectives across four critical dimensions:

  1. Financial Goals – How we deliver value to shareholders

  2. Customer Value Proposition – How we create value for the market

  3. Internal Processes – What we must excel at to deliver

  4. People & Enablers – The capabilities, culture, and systems required


It’s not just a communication tool. It’s a thinking tool that forces clarity and trade-offs. Think of it as a GPS for your organization's strategy. It not only shows where you're headed but also the best routes to get there, highlighting potential obstacles and detours along the way.


Why Use a Strategy Map?

  1. Clarity and Alignment: By visualizing the strategy, everyone—from executives to frontline employees—can understand their role in achieving organizational goals.

  2. Enhanced Communication: A strategy map serves as a common language, bridging gaps between departments and ensuring everyone is on the same page.

  3. Focus on Value Creation: It emphasizes the cause-and-effect relationships between objectives, ensuring that every initiative contributes to overall value creation.


Implementing Strategy Maps

To effectively utilize a strategy map:

  • Identify Key Objectives: Determine the critical goals across various perspectives, such as financial, customer, internal processes, and learning and growth.

  • Establish Relationships: Understand how these objectives influence one another. For instance, improving employee training (learning and growth) can enhance customer service (customer), leading to increased sales (financial).

  • Communicate and Iterate: Share the map with your team, gather feedback, and refine it regularly to reflect changes in the business environment.



When to Use It


✅ Use it when:

  • Launching a new strategic plan

  • Driving transformation or turnaround

  • Aligning siloed functions or business units

  • Communicating vision across levels


🚫 Don’t use it when:

  • You don’t yet have clarity on your strategic priorities

  • You're working in extremely volatile or undefined environments where agility trumps structure


How to Build a Strategy Map

Here’s a step-by-step walkthrough:


1. Define the Vision and Strategic Themes

Start by asking: “What does winning look like?” Identify 2–4 strategic themes that reflect your direction (e.g., operational excellence, digital growth, customer intimacy).


2. Set Financial Goals

What are the key financial outcomes (e.g., revenue growth, margin improvement, capital efficiency)? These are usually lagging indicators but critical.


3. Articulate the Customer Value Proposition

Clarify what you must deliver to customers to drive financial performance. Is it innovation? Reliability? Speed?


4. Identify Critical Internal Processes

Highlight the core internal drivers of customer value—R&D, supply chain, customer support, go-to-market motions.


5. Align People, Culture, and Technology

Define the enablers that fuel execution: skills, systems, data, and leadership.


6. Link the Objectives

Use arrows to show cause-and-effect logic between layers—people enable processes, processes drive customer value, which delivers financial results.


7. Validate and Iterate

Socialize it with leaders across the org. Challenge assumptions. Make it real.


 
 
 

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