In light of the drastic shifts occurring in the business landscape, it's imperative that companies re-evaluate their strategic approaches and the function of strategy-makers. Though each enterprise encounters its own set of trials and circumstances, there is a universal need for a new breed of strategist – one who serves as a nexus for all branches of the organization. These visionary leaders are not only tasked with shaping the future amid ongoing change but also ensuring their strategies are responsive to the needs of stakeholders and consumers alike.
bussiness-development
13 min
7 Bite
InsightThe New Strategist (2020) provides valuable insights for business executives on the art of strategic planning. This comprehensive handbook offers a glimpse into the daily workings of a company's strategic framework, unveils the essential skills required by strategic leaders, and presents a plethora of tools that aid in effective strategizing. Additionally, it delves into the necessity for strategists to embrace flexibility in an ever-evolving environment and offers guiding principles for achieving success in leadership roles.
Günter Müller-Stewens is Professor Emeritus of Management at the Institute of Management and Strategy at the University of St. Gallen, and was previously its Executive Director. He founded the journal M&A Review, and is a member of multiple editorial boards as well as advisory boards of several international companies. He also works as a consultant and trainer for a variety of organizations. His publications include Radical Business Model Transformation and The Management of Luxury.
In light of the drastic shifts occurring in the business landscape, it's imperative that companies re-evaluate their strategic approaches and the function of strategy-makers. Though each enterprise encounters its own set of trials and circumstances, there is a universal need for a new breed of strategist – one who serves as a nexus for all branches of the organization. These visionary leaders are not only tasked with shaping the future amid ongoing change but also ensuring their strategies are responsive to the needs of stakeholders and consumers alike.
7 BitesIn the modern era, strategists must take into account values and significance, rather than focusing solely on monetary gain.
A cohesive corporate strategy is essential for a long-lasting business.
The main strategy officer must actively lead the development of strategic business.
The strategy department is expected to serve as a central hub for all strategic initiatives throughout the organization.
Strategic leaders assist the organization in creating a lucrative and thriving future.
For strategic work to be successful, it is essential to utilize the appropriate resources.
Strategists must stay up-to-date.
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