What is the primary assumption about the future in a Classical strategy?
A BE FAST
B BE COOL
C BE ADAPTIVE
D BE FIRST
The future is predictable and stable.
How does Adaptive strategy view the future?
The future is unpredictable and constantly changing.
What is the key assumption of Visionary strategy?
The future can be shaped through bold vision and innovation.
What is the main assumption of Shaping strategy?
The future can be co-created with stakeholders through collaboration.
When is a Renewal strategy typically employed?
During times of crisis or declining performance.
What is the main goal of Classical strategy?
Achieving sustainable competitive advantage through efficient planning and execution.
What is the core approach of Adaptive strategy?
Rapid experimentation, learning, and continuous adaptation.
What is the primary goal of Visionary strategy?
To create a unique future by pursuing a transformative idea.
What type of industries benefit most from a Shaping strategy?
Emerging industries, such as blockchain or electric vehicles.
What is the primary focus of Renewal strategy?
Cutting costs, refocusing on core strengths, and restructuring.
Name one industry where Classical strategy is often effective.
Name one industry where Adaptive strategy is highly applicable.
Technology or fashion industries, where trends shift quickly.
Name a company that exemplifies Visionary strategy.
Tesla, with its mission to accelerate the transition to sustainable energy.
What is the key to success in a Shaping strategy?
Building an ecosystem or platform that encourages widespread participation.
Name a company that successfully used a Renewal strategy.
IBM, when transitioning from hardware to consulting services.