What truly drives strategic change in organizations? Is it the diversity of perspectives in your meeting rooms or the external forces shaping your industry?
Based on her doctoral research performed via a meta-analytic review of 30 years of studies on leadership team diversity and strategic change, Amy challenges common assumptions about what fuels organizational transformation. She explores the difference between strategic and operational plans, clarifies what strategic change entails, and examines the external forces – market conditions, industry shifts, and economic trends – that often have a greater impact than leadership composition alone.
Three Key Takeaways
Strategic vs. Operational Planning: Understand the distinction between strategic plans that drive long-term organizational change and operational plans that focus on short-term execution, and learn why both are essential but serve different purposes.
Drivers of Strategic Change: Discover why external forces such as market conditions, industry shifts, and economic trends often have a more significant influence on strategic change than internal factors like leadership diversity. Learn how financial statement ratios can help detect shifts in corporate strategy.
Equipping for Change: Learn how to assemble leadership teams with the right skill sets to analyze external challenges, interpret financial indicators, and drive innovation, ensuring your organization remains agile and competitive.