The more things change…
March 13th, 2008
Here is the first paragraph of an article in the current issue of the California Management Review:
Strategy making has changed. The carefully conducted industry analysis or the broad-ranging strategic plan is no longer a guarantee of success. The premium now is on moving fast and keeping pace. More than ever before, the best strategies are irrelevant if they take too long to formulate. Rather, especially where technical and competitive change are rapid, fast strategic decision making is essential.
So what you might ask? We already know that strategic planning is over, and we already know that the pace of decision making is accelerating at an exponential rate. So what?
The article in question, “Speed and Strategic Choice: How Managers Accelerate Decision Making” by Stanford professor Kathleen Eisenhardt, was originally published in 1990.
The more things change, the more things change.
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1 Comment Add your own
1. Jamie Notter | March 14th, 2008 at 8:20 am
Amen, brother.
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