Organizations should look at their People-Process-Technology landscape and continuously address any gaps or reinforcements required to be future-ready and relevant. To do this effectively, conducting periodic business process maturity assessment and benchmarking using robust tools available in the market that house a rich database of many other peer organizations is a good practice. These tools are not only an indicator of where an organization stands in the curve, but also help in identifying priority areas for Management focus.

Focus on lean experiments, partner with tech disruptors, empower the team to drive rapid change, and crowdsource ideas from clients and industry. Agile pivots and continuous learning will fuel adaptability.

I approach strategy updates with a focus on agility, alignment, and data driven insights. Here's a breakdown of how I would tackle each step: 1. Market Analysis: Leverage data to identify trends, customer needs, and competitive insights. 2. Engage Stakeholders: Collaborate with teams, clients, and partners for diverse perspectives and buy-in. 3. Agile Practices: Use agile methods to pivot quickly and adapt to market shifts. 4. Measure & Iterate: Track KPIs, refine continuously, and stay proactive. This approach keeps strategies relevant, aligned, and resilient in a changing market.