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Emerging Exponential Reality Of Strategy

There's a shift from the traditional, rigid and hierarchical approach to strategy design, deployment, execution, and governance to a more flexible, collaborative, and agile approach. Shift gears to stay ahead of the curve and thrive in today's fast-paced business environment.

Chander Nagpal
Chander Nagpal

Organizations over the years across sizes, industries, and geographies have used what I would call a linear approach to strategy design, deployment, execution, and governance. This approach is often rigid and hierarchical, with senior leaders setting the strategic direction and passing it down to lower levels of the organization for execution. There is little collaboration or feedback from those executing the strategy, and results are often measured using a limited set of KPIs.

The Result - Disaster

Source: Different Studies - John Kotter, McKinsey, HBR, MIT Sloan Management Review etc.

Today, the traditional approach is giving way to a more flexible and collaborative approach to strategy. Business leaders and Organizations have started to realize that the traditional top-down approach is no longer enough to stay competitive in a rapidly changing business environment.

The new approach involves a more agile and adaptable strategy design, deployment, execution, and governance process.

Strategy design is more collaborative in the new way of doing things, with input from a broader range of stakeholders, including employees, customers, and partners. This helps to ensure that the strategy is aligned with the needs of all stakeholders and is more likely to be successful. It also allows for more innovation and flexibility in the strategy, as well as a greater sense of ownership and accountability among team members.

Deployment is also more agile, with teams empowered to make decisions and adapt the strategy to respond to changing circumstances. Execution is more iterative, with continuous feedback and adjustments to ensure the strategy remains on track.

Execution is focused on continuous improvement and learning. The focus is on developing a culture of experimentation and iteration, allowing for quick adjustments to be made as needed to keep the strategy on track.

Governance is more transparent, with results measured using a broader set of metrics, including OKRs, that provide a more holistic view of performance. This enables organizations to respond more to market changes and manage risk better.

This new approach adopted by the Exponential Organizations is more flexible, adaptable, and responsive to change. It enables organizations to be more agile and better able to respond to disruptions and opportunities in the market, which is crucial in today's fast-paced business environment.

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SO, ASK YOURSELF: Are you still following the "Old Linear Ways of Working," or have you shifted gears to the "Emerging Exponential Reality"?!

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The Choice is Yours.

Either Get Left Behind. Be the Disrupted and Struggle to Survive.

OR

Shift Gears to Stay Ahead of the Curve. Be the Disruptor and Thrive.
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Chander Nagpal

With more than 25 years of experience in driving transformation initiatives, Chander is pronounced with a passion for delivering sustainable 10X impact through inspiring, engaging & enabling people.