Living strategy and death of five-year plan

1. The vision of Lowell Bryan, a director of McKinsey about strategic directions:

1.1. Free-flowing vision

1.2. Just in time decisions making

1.3. To be aware of the current situation

2. The old-style strategy is on the verge of death

3. The only one strategic goal - to survive

4. "New bases of competitive advantage" from BCG

4.1. To process "signals" quickly and react for them like Google

4.2. To see clearly how their business fits into a wider context like Amazon

4.3. To be alive to social change and shifting customer preferences like Toyota

4.4. To experiment effectively like P&G

4.5. To oversee large networks of programmes like Red Hat and TopCoder