The Need for Strategic Flexibility

Your strategic flexibility and the ability to adapt quickly when you see that a particular strategy isn’t working constitutes a key success factor for you.

In → today's rapidly changing world, the real force behind the success of creative leaders, disruptive innopreneurs and rapidly growing firms is rooted in their ability to adapt. Your strategy must always ensure that the benefits from its implementation are best suited to your strategic needs at a particular time.  >>>

You may acquire new core competencies or discover another high-growth market or segment that may require you to reinvent yourself, transform yourself radically and permanently. You may also discover emerging threats or learn from feedback that your strategy could and should be improved or even changed radically. The key is to quickly perceive the need for change and then make it happen.

Your Skills and Tools

The key components of your strategic flexibility are your ability to acquire new core competencies, scan the environment, identify new markets for growth and execute transformational strategic change.

These skills will enable you to participate in successive growth markets and achieve great strategic success.