Developing strategy is a process of deciding on the trajectory an organisation needs to take to avoid its default future – which is the place it will end up if it takes no action other than that currently planned. It involves deciding the strategic intent – which is what an organisation aims to become or achieve – and the trajectory …
Virtual Roundtable – Summary of Discussion on The Power of Collective Leadership
The aim of the Beyond Default Roundtable discussions is to give experienced practitioners in strategy and change an opportunity to share their experiences, challenge conventional wisdom, brainstorm ideas and network with peers who have the same interests and challenges. In August 2021 a group of executives, consultants and academics met virtually to discuss the power of collective leadership. The discussion …
Virtual Roundtable – Summary of Discussion on the Impact of Exogenous Forces on Strategy
The aim of the Beyond Default Roundtable discussions is to give experienced practitioners in strategy and change an opportunity to share their experiences, challenge conventional wisdom, brainstorm ideas and network with peers who have the same interests and challenges. In May 2021 a small group of invited executives and consultants met virtually to discuss the impact of exogenous forces on …
Seven Common Strategy Traps – And How To Avoid Them
Developing and executing effective strategy is never easy, especially in today’s increasingly volatile, uncertain, complex and ambiguous (VUCA) world. It’s something all organisations do, but some do it better than others. Developing and executing good strategy is important as it ultimately determines the fate of your organisation. But why are some organisations better at it than others? One reason is …
Has COVID-19 killed strategy?
In the Foreword to our book Beyond Default – Setting Your Organization On A Trajectory To An Improved Future Don Tapscott says that ‘over the last few decades strategy has been in and out of fashion – for many businesses that followed the trends, mainly out’. He then goes on to say that ‘a number of factors are conspiring today …
The Case for Greater Collective Leadership
The last chapter of our book Beyond Default – Setting Your Organization On A Trajectory To An Improved Future is called It All Starts With Collective Leadership. The reason for this is that without collective leadership an organisation has very little chance of having a collective strategy, and without a collective strategy it has very little chance of successfully changing …
Are you Practising Collective Leadership?
Collective leadership is a style of leadership where multiple individuals exercise their leadership roles within a group – and then the entire group provides leadership to the wider organisation. It’s a fluid and flexible approach to leadership, where roles and resultant accountabilities evolve in response to changing circumstances. As a result, the power of a leadership team practising collective leadership …
Operating Principles for Collective Leadership
If you believe your organisation would benefit from greater collective leadership then how can it be established? One of the most effective ways is to introduce a set of operating principles, where an operating principle is a conscious choice about how an organisation has decided to operate. It’s a conscious choice between two, or more, equally valid alternatives. In the …
Ignore Exogenous Forces At Your Peril
The influence of exogenous forces can rapidly change the context within which organisations operate, and the future they can bring. The recent COVID-19 Coronavirus is an example of one such exogenous force. A force that in recent months has dramatically changed the context of millions of people and thousands of organisations across the globe. What’s more, the impact of COVID-19 …
The True Dynamics Behind Failing Corporate Strategy
Strategy is important. It’s important because good strategy provides focus and guidance on what leaders need to do to make their organisation successful in the long term. But how is strategy developed? Is it something the CEO instinctively believes in or is it the result of a formal process led by the head of strategy and supported by external consultants? …