On August 11, 2021, the project “Development Strategy Preparation” for OLX Ukraine was completed.
Together with the OLX Ukraine team:
- We have found alternatives in the Development Idea for the local market and with the possibility of scaling to the global level, the level of OLX Group.
- We have established the innovative Idea in development: Vision and Mission of the company and the value proposition;
- We have developed the prototype of the vision product and the future platform.
- We have established strategic goals and implementation sequence in three time horizons: 1 year, 2-3, 5 years.
- We have designed a business model of the platform: how value will be created and monetized. How a competitive advantage will be created / maintained with mega-innovative companies in e-com. What the network effect basis will be.
- We have developed a map of initiatives to implement the Vision and launch a business model.
- We have included the Idea draft in the formation of the OLX Group’s strategy.
Feedback from participants of the project:
- We have outlined the development prospects for 2-7 years.
- I like the scope. It inspires a lot.
- Non-standard and unexpected view on business, idea, opportunities and strategy.
- A lot of insights.
- The future perspective is based on checks and details. This helps to build on the right decisions and implement them.
- Alignment is within us. This is the most valuable thing we have got
- At some point, we really synchronized how to see the future. Everyone can answer the question of how one sees OLX in 7 years. We want to start implementing it already.
- It’s a cool feeling when you have been walking 2 months through the thicket and at last you come up with the vision idea and the product… And everything becomes clear.
- It is very inspiring and thrilling to understand where you are going. It gives energy to do something today. Today’s actions make sense.
- The development should be further studied for possible application at the global level, not only in Ukraine but also at the Europe+ level.