StrategyBlocks’ Post

💡 An insightful article "Bringing True Strategic Foresight Back to Business" by Michael C. Mankins of Harvard Business Review: My 5-bullet takeaways: ➡ Strategic foresight is the ability to anticipate and adapt to future changes. ➡ Businesses that can use strategic foresight are better able to make better decisions in an uncertain world. ➡ Strategy and foresight were once the same discipline, but they have since diverged. ➡ Businesses can operationalize strategic foresight by following a standard process. ➡ Strategic foresight can help businesses prepare for disruption. 🔮 Obviously, no one has a crystal ball, but following a well-designed process can significantly improve the chances. https://lnkd.in/d7dh6FHG #foresight #strategicthinking #openinnovation

"Strategy and foresight were once the same discipline. And they should be again."- Harvard Business Review Is your company equipped to navigate the ever-changing landscape of business? It’s time to embrace the power of strategic foresight! By combining forward-thinking strategy with data-driven insights, you can stay ahead of disruptors and lead with confidence. For more information about strategic foresight, reach out to OCAD U CO https://lnkd.in/daFgdT6i 🔍 #strategicforesight #OCADUCO

Unlocking the power of true strategic foresight can be challenging. This article explores how to embed the necessary thinking into organisations and teams to stay ahead.

In today's fast-paced world, one-time business transformation projects are no longer sufficient in the face of continuous change. Michael C. Mankins and Patrick Litre’s recent Harvard Business Review article provides valuable insights into the three key drivers of continuous transformation. To stay ahead in this rapidly changing landscape, leaders must embrace a fresh approach that prioritizes ongoing innovation and adaptation. https://atbain.co/3W6yHaH #TransformationsThatWork

Are you struggling to connect your short term goals with your long term strategic foresight? Check out this article from Harvard Business Review that presents the challenge with clarity. While it may not solve the issue, the article highlights the importance of using methods such as OGSM to build a strong link between short term execution and long term goals. Click the link to learn more. #strategy #foresight #OGSM #businessgoals

🔦 Just explored Harvard Business Review's insightful article "Bringing True Strategic Foresight Back to Business" a must-read! 👁️ Proactive anticipation of future trends and challenges is the name of the game, while 📖 reintegrating the power of genuine foresight in business strategy is key on navigating future uncertainties 🌐 #BusinessInsights #StrategicLeadership #Strongertogether

Change is constant in business, but managing it well can be the difference between success and failure. Jirs Meuris, assistant professor of management and human resources, uncovers why some change efforts backfire, from diversity policies to resistance to transformation. His data-driven insights help leaders implement solutions that stick, keeping businesses ahead in a fast-paced world. Follow his research to get the insights you need to stay ahead. ➡️ https://lnkd.in/gXiA2yHM #TrustedToLead #ChangeManagement

Once upon a time, "strategy" and "foresight" were a part of the same discipline, though they've drifted further and further apart over time. Amy Webb rightly argues that the two are both valuable and can actually support one another quite well: after all, strategic processes can easily devolve into checking boxes and meaningless routines without foresight to guide the way. As she puts it, strategy without foresight makes organizations vulnerable to outside disruption, while foresight without strategy renders scenarios unactionable, As such, Webb advocates for what she calls "strategic foresight". Strategic foresight is a disciplined and systematic approach to identify where to play, how to win in the future, and how to ensure organizational resiliency in the face of unforeseen disruption. Given the uncertainty of our current business environment, strategic foresight is essential for organizations looking to innovate and achieve growth. #BusinessStrategy #ChangeManagement #StrategicPlanning

Out of the 70% of transformations that fail, 100% of those thought they were going to succeed. Existing research highlights high-level themes, yet lacks a clear, unified theory to explain causal factors and hidden relationships. In partnership with an innovation-led consultancy, we are tackling this issue head-on. Our mission is to equip leaders with the knowledge and strategies needed to radically enhance transformation success. Very exciting times ahead! #meliumconsulting #transformationsucess

Strategy and foresight were once the same discipline but for a while now, the two have diverged. Whilst this was happening, companies lost the synergy that originally made each discipline so potent. Strategy without foresight = companies vulnerable to outside disruption. Foresight without strategy = scenarios are rendered unactionable. Each on its own has value, but our current business environment demands both. So, what does true strategic foresight entail? Amy Webb breaks it down. #Strategy #Foresight #BusinessLeadership