Strategic Management and Change

As the world grows more and more uncertain, businesses need to stay agile, flexible, and open to change. As external factors change at a much faster phase than ever organizations need to be responsive to their environment. Having a strategic perspective and a bird’s-eye view have become crucial skills of successful executives. Today strategy is more and more about people. Businesses can’t afford to have a mechanistic view of the business based on command-and-control.¹ If we want to stay on top of the changes we have to push power closer to the edges² of the organization. This way we can make much better strategic decisions. As complexity grows,³ understanding and anticipating external and internal changes becomes increasingly difficult. In this uncertain and unstable environment, strategic leadership is more important than ever. As Charles Darwin famously put it: “It is not the most intellectual of the species that survives; it is not the strongest that survives; but the species that survives is the one that is able best to adapt and adjust to the changing environment in which it finds itself.”⁴