Directions & Destinations
strategyinpraxis.substack.com
Directions & Destinations
In all cases, strategy is the process of confronting and solving critical challenges. I emphasize this because there is a widespread misconception that a business strategy is some sort of long-range sketch of a desired destination. I encourage you to think of strategy as a journey through, over, and around a sequence of challenges.
Richard P. Rumelt • The Crux: How Leaders Become Strategists
The point of this example is to demonstrate three things. First, the process of strategy is not a linear process but an iterative cycle. The climate may affect your purpose, the environment may affect your strategy and your actions may affect all. Second, acting is essential to learning. Lastly your purpose isn’t fixed, it changes as your landscape... See more
medium.com • On Being Lost
In the almost five years that I’ve been leading CPI ANZ, we’ve never had a “strategic plan.”
Each year, at the beginning of the year, I write a “CPI ANZ vision” which I share with the board. But I’ve been resistant to developing the more traditional 2-5 year strategic plan. And I’ve been thinking about why.
The reason is because most strategic plans
... See more