Strategy in 3D av Greg (Larry and Barbara Sharpf Professor of Entrepreneurship and Associate Professor in the Management and Entrepreneurship Departme

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Strategy decision making and action used to be off limits to all but the select few at the very top of an organization. It was a largely cerebral activity focused on grand long-terms plans made at annual off-site retreats away from the daily challenges of the business. That is no longer the case.The current business environment does not wait for companies to slowly adjust in an annual meeting. The relentless pace of change renders today''s long-term future tomorrow''s history. Rapid innovations and ever-increasing complexities limit executives'' ability to make decisions with perfect information. Does this mean strategy is no longer useful, or even feasible? No. Good strategists are needed now more than ever. But today''s high-performing organizations think of strategy differently than in the past. These companies make strategy part of every manager''s role; they strategize continuously and tackle strategic problems through individuals from all parts of the organization.Strategy in thi