Bernd Best

Bernd Best / Strategy Notes

Good questions.
Decisions that hold.

Practical choices for founders, family-business leaders and successors. Original essays on strategy, governance, growth and delivery.

21 topic retrospectives from May 3, 2021 to October 10, 2026. All essays were written and published on October 10, 2026; the retrospective dates are not historical publication dates.

Succession and capital: investors also buy the next decision

Topic: 2026-10-10

Succession and capital: investors also buy the next decision

Succession and investment involve more than historical results. The question is whether the business can continue reliably after a handover. That requires understandable customer value, transferable relationships, suitable leadership and an explainable use of capital. Strategy connects these factors into a reasoned choice about the future.

AI strategy: choose the task before automating it

Topic: 2026-02-09

AI strategy: choose the task before automating it

An AI strategy connects a suitable task with verifiable quality, data access and accountability. It does not begin with a list of models. The question is whether an application helps under real conditions, makes errors detectable and preserves human decisions where consequences or uncertainty require them.

Pricing strategy: the work begins before the number

Topic: 2024-10-14

Pricing strategy: the work begins before the number

Pricing strategy connects customer value, scope and economics. It cannot be built solely by watching competitors’ prices. A company needs to understand buyer alternatives, included services and exceptions that consume contribution. Only then can it assess a price choice usefully.

Scenario planning: stay useful when the forecast is wrong

Topic: 2024-01-15

Scenario planning: stay useful when the forecast is wrong

Scenario planning prepares choices for different plausible developments. It replaces neither forecasting nor operating plans. Its value is identifying actions that work across conditions and observable signals that would justify a different choice. A few distinct scenarios are more useful than many nearly identical spreadsheets.

Using SWOT well: turn four boxes into a choice

Topic: 2023-09-04

Using SWOT well: turn four boxes into a choice

A SWOT analysis organizes strengths, weaknesses, opportunities and threats. It becomes useful when those observations change a specific choice. The important work happens after filling the boxes: which strength fits an opportunity, which weakness makes an attractive option dangerous and which assumption needs testing?

Competitive strategy: a difference customers will pay for

Topic: 2022-02-14

Competitive strategy: a difference customers will pay for

Competitive strategy begins with a choice about where and how a company intends to compete. It requires a difference customers value and the business can deliver. Market analysis describes the landscape. Strategy selects a place in it and names the opportunities the company will deliberately leave alone.

Business Model Canvas: a map, not evidence

Topic: 2021-08-16

Business Model Canvas: a map, not evidence

The Business Model Canvas makes the relationships between customer value, activities, resources and economics visible. Its value lies in a shared conversation. It does not replace customer research or choices about what to give up. A beautifully completed page can still contain nine sets of unproven assumptions.