What You Will Learn :
- Enhance their entrepreneurial and digital mindset and approach
- Understand how strategy, innovation and digital have changed because of the digital revolution
- Apply the tools of the New Strategy Playbook to drive the creation of new strategic capabilities in their organization
- Practice critical behaviors which support growth, innovation and digital transformation
Digital had already established itself as a primary driver of winners and losers across industries, and the COVID-19 crisis has only accelerated the urgency with which organizations need to evolve their strategies and business models. As Satya Nadella, CEO of Microsoft, has declared: “We’ve seen two years’ worth of digital transformation in two months.”
In a context of massive disruption and exponential change, incremental approaches are not fit for purpose. New foundations have emerged that will underpin competition for the next generation. Post-crisis, the winners will be led by leaders who have reinvented their strategies and thinking to adapt to these new foundations and developed new strategic capabilities in their organizations.
Strategy needs to move at the speed of digital for an organization to survive and thrive. The firms that will be successful will adopt a new strategy playbook that adapts to ongoing complexity and speed, looking well beyond the short-term planning horizon. They will understand technology beyond the purely executional and reframe it as a primary driver of both business strategy and innovation.
Now is the time for leaders and organizations to recalibrate portfolios, revisit strategy and redeploy their financial and talent resources to survive and thrive.