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Insights From New Markets Advisors

1/23/2012

STRATEGY IN UNCERTAINTY: SIX WAYS TO PLAN IN TURBULENT TIMES

 
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By: New Markets Advisors

Research in Motion (RIM) has a new CEO today. Imagine the list of strategic challenges confronting Thorsten Heins. Not only is his company in near free-fall, but his industry is moving at warp speed. How can leaders plan strategy in such uncertainty?

Looking across strategic planning efforts, we can identify six lessons for how to approach the task. The key is to break from traditional approaches to strategizing and embrace a process suited to uncertain and typically contentious environments. Read more in my piece for Harvard Business Review.

Story by Steve Wunker.

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