IMD Tomorrow's Challenges Video Podcast www.imd.ch/p...

This Tomorrow’s Challenge is the third and last in a series on strategically engaging your organization. The first part, "Assessing your reality", highlighted the importance of starting a strategy process by building an aligned perspective of your company’s current reality. Without a shared perspective, leadership teams often have vastly different views and focus on solving different issues. Facing reality starts by looking at your organization from the outside-in, challenging fixed perspectives and strong internal held biases. The second part, "Challenging your ambition", looked at challenging the team’s assumptions of the company’s possibilities and the direction it is heading, in order to build a shared ambition for where the company should go. Without exploring the range of possible directions that a team can choose to lead an organization, leaders often act as if they are on a fixed path, managing (not leading) the organization based on historical patterns, not future opportunities.