Strategy management today is changing. It is moving from a linear, top-down process into a dynamic, living system. This system integrates adaptability, purpose, and human well-being. Let’s explore each trend in more depth:
1. Adaptive and Agile Strategy
Traditional strategies assumed stability, but today’s environment demands flexibility. Agile strategy means setting a clear direction while allowing teams to adjust tactics quickly as conditions change. It’s about learning fast, experimenting, and iterating—like how startups work but applied at scale.
2. Purpose-Driven Strategy
Organisations are redefining success beyond profit. A strong purpose—like improving community well-being or advancing sustainability—guides decisions and inspires employees. Purpose acts as a “north star,” aligning strategy with values and creating deeper engagement.
3. Data-Driven Decision Making
Data is now central to strategic insight. Predictive analytics, AI, and real-time dashboards help leaders identify trends early and make evidence-based decisions. However, the human element remains vital—data informs strategy, but intuition and ethics guide it.
4. Human-Centered Leadership
Leaders are expected to balance performance with empathy. Emotional intelligence, mindfulness, and compassion are becoming strategic capabilities. This shift recognizes that engaged, healthy people drive innovation and resilience.
5. Ecosystem Thinking
Instead of competing alone, organizations collaborate across industries, forming ecosystems that share resources and knowledge. For example, tech companies partner with healthcare providers or sustainability startups to co-create new value.
6. Sustainability and Regenerative Strategy
Sustainability has evolved from compliance to innovation. Regenerative strategy goes further—it aims to restore ecosystems, communities, and economies. This approach integrates circular economy principles and long-term stewardship into business models.
7. Digital Transformation as Strategy
Digital tools are no longer just enablers—they shape strategy itself. Automation, AI, and digital platforms redefine how organizations deliver value, engage customers, and operate efficiently. Strategy now includes digital ethics and data governance as core elements.
8. Scenario Planning and Strategic Foresight
Given global volatility, leaders use foresight to explore multiple possible futures. Scenario planning helps organizations prepare for uncertainty, identify opportunities, and build resilience rather than relying on a single forecast.
9. Employee Empowerment and Distributed Strategy
Strategy execution is becoming more participatory. Instead of being dictated from the top, strategy is co-created with teams who understand local realities. This distributed approach increases agility and ownership across the organization.
10. Integration of Mindfulness and Well-being in Strategy
Progressive-thinking organizations recognize that clarity comes from balanced minds and bodies. Creativity thrives in such an environment. Wise decision-making is also fostered by this balance. Practices like mindfulness, Qi Gong, and reflective leadership are being integrated into strategic processes to enhance focus and collective intelligence.
In essence, modern strategy management blends analytical rigor with human insight. It’s less about controlling outcomes and more about cultivating conditions for adaptability, purpose, and sustainable growth.
Creating a strategy involves defining a clear direction and plan of action to achieve specific goals. It’s both analytical and creative — connecting your vision with practical steps.
Here’s a structured approach you can use:
1. Define your purpose and vision
Clarify why you exist and what you want to achieve in the long term.
- Purpose: your reason for being.
- Vision: the future you want to create.
2. Assess your current situation
Understand where you are now.
- Use tools like SWOT (Strengths, Weaknesses, Opportunities, Threats).
- Gather data, feedback, and insights from your environment.
3. Set clear goals
Translate your vision into measurable outcomes.
- Use SMART goals (Specific, Measurable, Achievable, Relevant, Time-bound).
- Prioritise what matters most.
4. Find key strategic priorities
Choose 3–5 focus areas that will drive the most significant impact.
Examples: innovation, customer experience, team well-being, and sustainability.
5. Develop action plans
Break each priority into initiatives or projects.
- Define responsibilities, timelines, and resources.
- Include success indicators to track progress.
6. Communicate and align
Share the strategy clearly with everyone involved.
- Use visuals, storytelling, and workshops to build understanding and commitment.
7. Implement and track
Put the plan into action and track results regularly.
- Review progress monthly or quarterly.
- Adjust as needed — strategy is a living process.
8. Think about and evolve
After each cycle, consider what worked and what didn’t.
- Celebrate wins.
- Learn and refine your approach.
This process works for organisations, teams, or even personal goals — the key is clarity, focus, and adaptability.
Connecting your vision with your capabilities is very important. Also, prioritise the goals that have the most leverage and keep them realistic.
How you communicate is critical; you want “all” to go in the same direction.
Communicating a strategy effectively means turning abstract plans into a shared story that inspires understanding, alignment, and action. It’s not just about presenting information — it’s about creating connection and meaning.
1. Start with the “why”
Explain the purpose behind the strategy. People engage more deeply when they understand why change is needed and what it aims to achieve.
- Share the vision and the problem it solves.
- Use simple, human language — avoid jargon.
2. Tell a story
Frame the strategy as a journey.
- Where we are now → where we want to go → how we’ll get there.
- Use metaphors or visuals to make it memorable.
3. Use multiple formats
Different people absorb information differently.
- Combine presentations, visuals, videos, and written summaries.
- Create a one-page visual map of the strategy for quick reference.
4. Make it personal
Show how the strategy connects to each person’s role and values.
- Explain what success looks like for teams and individuals.
- Highlight how their contributions matter.
5. Create dialogue, not just announcements
Encourage questions, feedback, and co-creation.
- Host workshops or town halls.
- Use open discussions to build ownership and trust.
6. Repeat and reinforce
Repetition builds clarity and confidence.
- Integrate the strategy into meetings, updates, and daily decisions.
- Celebrate milestones and share progress stories.
7. Lead by example
Leaders embody the strategy through their actions and decisions.
- Consistency between words and behavior builds credibility.
When people feel the strategy — not just hear it — they become part of it.
You have the main goals to tackle challenges but you have to have also goals for each manager to support that and can use a strategy map for that.
There are many tools to analyse the environment, for instance, year reports, government data and future analysis.
Example: Process for a Sustainability Goal
Goal:
Reduce the organisation’s environmental footprint while strengthening long-term resilience and community impact.
1. Define the Goal
Create a clear, measurable sustainability goal.
Example: “Reduce carbon emissions by 30% within three years while integrating sustainable practices across all operations.”
2. Assess the Current State
Conduct a sustainability audit.
- Measure energy use, waste, travel, and supply chain impact.
- Find quick wins and long-term opportunities.
- Engage employees to gather insights and ideas.
3. Set Key Targets
Break the main goal into specific, traceable targets.
- Energy: shift 50% of energy use to renewable.
- Waste: Reduce office waste by 40%.
- Procurement: source 70% of materials from sustainable suppliers.
- Culture: train 100% of staff in sustainable practices.
4. Design Initiatives
Develop focused projects to achieve each target.
- Green Operations: install energy-efficient systems, reduce travel, digitize processes.
- Sustainable Procurement: partner with ethical suppliers, review contracts.
- Employee Engagement: launch a “Green Champions” program.
- Community Impact: support local environmental initiatives.
5. Assign Roles and Resources
- Sustainability Lead: oversees implementation and reporting.
- Department Heads: integrate sustainability into daily operations.
- Finance Team: assign a budget for green investments.
- All Employees: join in awareness and action programs.
6. Track and Report
- Track progress quarterly using sustainability KPI.
- Publish an annual sustainability report.
- Celebrate milestones and share success stories internally and externally.
7. Consider and Evolve
- Review what worked and what didn’t.
- Update goals annually to stay aligned with new technologies and global standards.
- Keep sustainability embedded in strategic decisions.
This process ensures sustainability becomes a living part of the organization’s culture — not just a project, but a continuous practice of responsibility and innovation.
Presentation – Understanding Strategy: Connecting Vision to Action by Guðbjörg Eggertsdóttir