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Battling with Business

Episode 66 - Getting strategy right- Strategy Part I - Getting strategy right ?

18 Apr 2024

Description

In this week's installment of 'Battling with Business,' Chris and Gareth embark on a journey through the labyrinth of strategic planning in the first of two episodes all about Strategy right. They kick off by dissecting the fundamental disparity between strategy and tactics, laying the groundwork for understanding the strategic landscape. Diving deeper, they highlight a pivotal aspect often overlooked: the intrinsic relationship between strategy and uncertainty. Emphasising that a strategic plan transcends a mere roadmap, they illuminate the necessity of embracing uncertainty as a cornerstone of effective strategising. The duo advocates for a dynamic approach, stressing the importance of continual evaluation and feedback loops. They underscore the agility required to pivot strategies in response to emerging insights, underscoring the adage that no plan survives first contact with reality. Moreover, Chris and Gareth underscore the imperative of organisational alignment, echoing earlier discussions on 'mission command.' They elucidate how effective communication and shared understanding of strategic objectives permeate throughout the organisational hierarchy, fostering a cohesive and responsive environment. In essence, 'Getting Strategy Right' is a masterclass in navigating the intricate terrain of strategic planning, offering invaluable insights to listeners seeking to chart their course amidst the tumultuous seas of business.  

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