After years of studies and interviews, North American consultancy McKinsey managed to summarize practical actions for any executive to act more strategically. (1) to understand what is critical in your industry, and leave aside generic models of strategic planning, (2) to become an expert in identifying potential disruptors, be aware not only technological changes but also the smaller competitors and subtle habits changes in any customer segment, and (3) to turn into a great communicator; no idea will be adopted with confidence if not clear and properly understood.
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