Strategy Savvy : Balanced Strategy Development Approach Using Insights, Culture, Operations, and Digitization

With the Covid-19 pandemic many business leaders today question the need for strategy and value of strategic planning and management in today’s environment. This book will demonstrate that our approach to strategy development and implementation needs to change to be able to help organizations change. The proposed new approach in this book can provide insights and perspectives to keep strategy relevant by “Putting strategy in Action” through developing a “Making the Future Happen Today” way of thinking and way of living. Many strategy books focus on the perspective of large multinational corporations that has the capacity and capabilities to develop and implement strategy using very structured methodologies and tools. This book will add a new dimension by focusing on the use of Strategy-As-Practice (SAP), Intuition and Serendipity, as important complements that can be used by large corporation as well as SMEs and entrepreneurs to develop and implement winning strategies. This is an important dimension to support the strategic decision-making process frequently undermined in traditional strategic planning and management focused books. The author theorizes that developing into a Strategy Savvy professional is about embracing two of the most important concepts in strategy development - Proactivity and Sustainability. He addresses in this book the opportunities and threats presented by VUCA (Volatile, Uncertain, Complex and Ambiguous) and how we can capitalize on those opportunities to create unprecedented growth opportunities in the Society 5.0 that is shaping new economies, such as the Digital Economy, the Experience Economy, the Sharing Economy, the Gig Economy, the Purpose Economy and the Circular Economy. The author also proposes a new approach to strategy development and implementation that mixes, formal planning with practice and intuition that is helped by serendipity. He presents a strategy that is driven by 5 propellers: Insights, Innovation, Culture, Operations and Digitization to ensure arrival at a better FUTURE.

Preface

Section 1 : WHY Do We Need Strategy?
Chapter 1 : Do we really need to have a Strategy?

Section 2 : HOW does Strategy Emerge?
Chapter 2 : History & Future of Strategy
Chapter 3 : Planning, Practice, Intuition & Serendipity

Section 3 : WHAT does the Future Hold?
Chapter 4 : Society 5.0 & the Future Economies

Section 4 : WHAT to do to Put Strategy in Action?
Chapter 5 : Defining the Future and Understanding Today
Chapter 6 : Making the Future happen Today
Chapter 7 : Balanced Strategy Development
Chapter 8 : Putting Strategy in Action

Index