Step 1 – Review current position and trajectory

• Competitive positioning
• Analysis of BP drivers and updated BaU trajectory
• Identification and prioritization of adjacencies

 Step 2 –  Assess the top strategic adjacencies

• Market deep-dive
• Opportunities screening
• Business case modeling

Step 3 – Structural M&A exploration

• Mapping of potential targets (longlist)
• Targets qualification and prioritization
• Scenarios definition

Step 4 – Vision and strategy definition

• Formalization of vision and strategy
• Articulation of the 5-year plan