Living strategy and death of five-year plan

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Living strategy and death of five-year plan by Mind Map: Living strategy and death of five-year plan

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

2. The only one strategic goal - to survive

3. "New bases of competitive advantage" from BCG

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

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

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

3.4. To experiment effectively like P&G

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

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

4.1. Free-flowing vision

4.2. Just in time decisions making

4.3. To be aware of the current situation