Strategy is time travel

maxresdefault

Although strategic planning is billed as a way of becoming more future oriented, most managers, when pressed, will admit that their strategic plans reveal more about today's problems than tomorrow’s opportunities. With a fresh set of problems confronting managers at the beginning of every planning cycle, focus often shifts dramatically from year to year. And with the pace of change accelerating in most industries, the predictive horizon is becoming shorter and shorter. So plans do little more than project the present forward incrementally. The goal of strategic intent is to fold the future back into the present. The important question is not "How will next year be different from this year?" but "What must we do differently next year to get closer to our strategic intent?"

Gary Hamel. & C.K. Prahalad, ‘Strategic Intent’, Harvard Business Review, May-June 1989