Blog 1 in Business Strategy Series
Introduction
Thoughts on an upgrade to strategy development for performing in a sustainable world.
The wake up call has come! Real leaders are already on the journey!
We are seeing immense upheavals across the world with Covid 19, growing levels of disruption from extreme weather events, increasing rates of technological change and threats, great geo-political uncertainty, growing levels of public activism on the stewardship of our environment, and the real medium term implications of climate change which will be irreversible if we don’t start moving fast.
This is not a once in a hundred years, or even once in a generation, coincidence of events. This is a trend in this Anthropocene era. These are systemic interconnected issues that cannot be dealt with one by one. We will be failing ourselves and future generations if we do not get on top of this.
We are not moving fast enough to deal with the cumulative effect of these changes. But, at least we are starting to move and gain momentum. Central banks are engaged, governments are increasingly engaged, investors are also rapidly resetting their expectations of how businesses must be focused on social and environmental impact as well as driving strong investor returns.
Businesses have not been well equipped in dealing with these unpredictable and emerging disruptions, and most businesses still have to get there heads around how to engage and be able to perform with these changes and increasing stewardship demands by both the government, regulators and investors.
This is a view on how companies need to evolve their strategic thinking and planning, be much better equipped to perform in this changing world and be aligned with the social and environmental need for balance in our world. As well as new thinking, this requires dramatically more purpose driven leadership, being able to manage with competing priorities, speed, agility and innovation – more on this separately.
I will be adding new content every week. These blogs will cover three core topics. Firstly, the scene setting of a quick view on the ‘Global Environment for Business’. Secondly, discussion of the ‘Key Components To Evolve Strategic Thinking’. Finally, ‘Strategic Framework For The Future’ will be a view on a practical framework for developing strategies. Each blog will cover off a piece of one of these sections and will be sent out in sequential order.
REBOOT 