Should Executives Become More Strategic?

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Should Executives Become More Strategic?
Jaap de Jonge, Editor
A while ago we had 2 interesting discussions at 12manage "Strategic Planning must be Dynamic" and "Developing an Agile Top Management Team". I was made aware of a recent article by McKinsey consultants Birshan and Kar who argue that top executives should become more strategic.
The beginning of the article - rightly - states that that even in today's fast-changing competitive environment, companies still have to timely:
- Capture emerging opportunities
- React to unexpected threats
- Make correct and timely decisions
In other words, corporations need strategic agility. To achieve this, the authors suggest to increase the TIME spent on strategy, involving MORE (top) executives in the strategy process, and also to encourage them to CONSTANTLY DEVELOP their strategic capabilities.

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