Business strategy isn’t about winning or losing. The essence of strategy is about playing the right game. It is about shaping the game you play, not just playing the game you find.
What did business executives learn from 2020?
2020 tested the entire global economy, and it stressed veteran business leaders where they had to respond to a very demanding environment by being both decisive reactionist and rapid innovators. That meant organizations had to operate in two different modes, reacting quickly and effectively to a crisis, a change in the business environment, shift in consumer behavior in parallel to onboarding the train of an accelerated transformation. We have learned strategy isn't static also get to know the balance between reaction and innovation, and we understood that people should be at the core of what business does.
In this episode, we continue the discussion about: