Strategy is not a pointed prediction of future
In a world that is unpredictable, leaders have more and more apprehensions about strategy as effective tool for leading. This interesting article blows off deterministic pretensions of strategy processes and asks leaders to view strategy as an experiment, indeed a portfolio of experiments. Read on Creating Strategy in an Unknowable Universe : HBS Working Knowledge Rather than thinking of strategy as a single plan built on predictions of the future, we should think of strategy as a portfolio of experiments, a population of competing Business Plans that evolves over time. Such a view and practice needs constant unlearning and learning, ability to deal with multiple scenarios with requiste zest, and humility… who ever said leadership is simple, that leadership is just a soft skill, and that leadership is actions by the gut and all that.. Hemant