Skip to content

Dynamic Strategy

Strategic feedback loops are the key.

Bruno Pešec
Bruno Pešec
1 min read
Dynamic Strategy

In the last two decades, we’ve come to appreciate that strategy is in essence a guess.

That guess may be highly uneducated (at worst) or highly informed (at best), but it remains a guess.

Confusing the plan for a guarantee of reality to come can be catastrophic.

Assumptions need to be questioned, explored, and updated.

Dynamic Strategy - Strategic Feedback Loops - © Bruno Pesec, 2020
Strategic Feedback Loops (© Bruno Pešec, 2020)

Think of it this way:

  • Your strategy represents your best guess at achieving your goals.
  • It is proven or disproven by how the world reacts to it.
  • Your final outcome depends on your ability to understand and act upon feedback you are receiving from your environment, i.e. customers, competitors, and other stakeholders.

And that's the essence of a dynamic strategy.

Strategy

Bruno Pešec

I help business leaders innovate profitably at scale.

Comments


Related Posts

Members Public

Three simple rules for evaluating innovation initiatives

Manage innovation more efficiently and effectively.

Three simple rules for evaluating innovation initiatives
Members Public

Quickstart: Critical Thinking

Practical guidance for busy professionals.

Quickstart: Critical Thinking
Members Public

One critical thing innovation leaders must do

A direct way to maximise your impact with minimum effort.

One critical thing innovation leaders must do