Strategy projects take many forms depending on the rational for initiating them. From clarifying and communicating purpose, through exploring way to initiate and sustain social responsibility in business, refinancing and relaunching business, building new business divisions, to regular reviews of the external environment, threats and opportunities to maintain sustainability and growth.
It is a time for organisations to lift their eyes from today’s immediate challenges and look at potential opportunities and challenges that will shape their future. And through foresight better anticipate what lies ahead and create resilient business strategies that are adaptable to ever more rapid change.
Organisations seeking to become more socially responsible may also develop strategies to go a step further by taking responsibility for the value chain in which they operate and become agents of change within their industries and beyond.