The Board/Executive strategy workshop - a practise note
Henry Mintzberg wrote 25 years ago: we need better practice, not neater theories. Amen to that. Much of the writing on the ‘formal strategy process’ ignore the practical reality that strategies have a life cycle.
Smartest guys in the room… what could go wrong?
Commonwealth Bank (‘Which bank?’) is just the most recent example of overconfidence in the ‘intellectual capacity’ of a leadership team to steer the organisation through the ‘white water’ of modern corporate life.