?? STRATEGIC DECISIONS 2022+
Strategic Decisions 2022+

?? STRATEGIC DECISIONS 2022+

?? VUCA STRATEGIC DECISIONS 2022+ {infographic}

??? Strategic, tactical, and operational decisions are converging around converged stakeholders.

??? Decisions can no longer be siloed. Digitization converges all stakeholders, and hence strategic decisions. And those decisions are only valid until the next (Volatile, Uncertain, Complex, and Ambiguous) VUCA disruption.

??? Decisions must be agile, able to pivot iteratively, and must anticipate and look beyond the next VUCA disruption.

??? Strategic Convergence is as shown in the Infographic, and explained below:

?? 1. Strategy-Tactics (S+T)

Strategy

? Create digital new business model options.

? Identify acquisitions to enter digital markets.

?? 2. Tactics-Operations (T+O)

Tactics

? Start influencer service for brand reputation.

? Hire scarce staff, such as data scientists.

?? 3. Strategy-Operations (S+O)

Operations

? Scale up supply chains, based on local needs.

? Expand market via an eCommerce platform.

?? 4. Overall Convergence (C3)

Converged, Contextual, and Continuous VUCA management.

??? CONVERGED

Converged

  • Stakeholders are connected within the company's Digital Ecosystem Platform (DEP).
  • Decisions affect the entire DEP and must be networked by sharing strategic insights.

???? CONTEXTUAL

Contextual

  • Customers, employees and other stakeholders expect to be recognized.
  • Data sources should be combined to get a more complete and richer situational awareness.
  • Decision making must be hyper-personalized, and evaluated in a context-sensitive manner, beyond any individual event or transaction.

??? CONTINUOUS

Continuous

  • Companies must be responsive to disruptive risks and opportunities.
  • Decision making is now an iterative process, with all options open.
  • Decisions should be augmented AI+Human and/or fully autonomous, to enable prompt and accurate decisions.

?? OUTCOME 2022+

Companies that C3 their DEP strategies will outcompete everyone.

-------

Adapted and Modified from Gartner by Frank Feather; Infographic is mine. https://www.gartner.com/smarterwithgartner/how-to-make-better-business-decisions

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Anusuya Medhi

GIS Consultant|Certified Project Management Professional l RS&GIS Trainer|GeographerlTop Person Ambassador

3 年

Great Article ??

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Frank Feather

??LinkedIn "Top Voice" ?KEYNOTE SPEAKER ?BUSINESS FUTURIST ?STRATEGY CONSULTANT ?CEO, QAIMETA Inc ?Board Member ?C-Suite Advisor ?183 Keynotes ?8 Books ??Global Village Inclusivity

3 年

Thanks for liking this Aryeh Toren (Thorne)

Frank Feather

??LinkedIn "Top Voice" ?KEYNOTE SPEAKER ?BUSINESS FUTURIST ?STRATEGY CONSULTANT ?CEO, QAIMETA Inc ?Board Member ?C-Suite Advisor ?183 Keynotes ?8 Books ??Global Village Inclusivity

3 年

Thanks for liking this Abhinay kumar

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??LinkedIn "Top Voice" ?KEYNOTE SPEAKER ?BUSINESS FUTURIST ?STRATEGY CONSULTANT ?CEO, QAIMETA Inc ?Board Member ?C-Suite Advisor ?183 Keynotes ?8 Books ??Global Village Inclusivity

3 年

Thanks for liking this Mamikie Shaku

Frank Feather

??LinkedIn "Top Voice" ?KEYNOTE SPEAKER ?BUSINESS FUTURIST ?STRATEGY CONSULTANT ?CEO, QAIMETA Inc ?Board Member ?C-Suite Advisor ?183 Keynotes ?8 Books ??Global Village Inclusivity

3 年

Thanks for liking this Sandra Schimanski

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