What driving fast cars can teach you about strategy …

Too many executives are focused on the near field obstacles ahead of the end game.  They collapse the time frames in their strategic thinking based on ‘felt’ competitive pressures.  Gary Hamel observed nearly 30 years ago, “most strategic plans tell us more about today’s problems than tomorrow’s opportunities”.

But Jeff Bezos (CEO Amazon) argues that a short time horizon confines organisations to a crowded competitive space.  How do you extend the attention span of the organisation?  Thinking about the longer-term future does not guarantee success, but the converse pretty much guarantees failure in today’s competitive landscape.

DDB ... a strategist's view

 

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The more things change ... strategic innovation

I am often struck by how today’s 'insights' reflect the writing of past decades .  In this blog I highlight a few recurring themes on strategic innovation which we have been writing about for 20 plus years.  That we continue to talk about them suggests they are valuable levers in the pursuit of strategic innovation.

And I suggest three practices which you can introduce into your business today to improve your capacity for strategic innovation.  

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