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Development Strategy By Design
The Future of Strategy
By James Carlopio
Organizational strategy is typically conceived The billion-dollar strategic questions are,
and developed as an extension of the past and therefore, “How do we generate strategy innova-
present. We analyze the market, the competition, tions? How do we make a profit and reinvent our
the industry, and our internal resources and ca- organization, our industry and our world?” Un-
pabilities. We then reposition ourselves in exist- fortunately, although millions of words and thou-
ing markets or extend our product/services into sands of books and articles have been written on
developing or adjacent markets. The future is as- organizational strategy, there is little that we can
sumed to be a linear extension of the past and use to help create strategy.
present, and our rational analytical techniques In fact, Gary Hamel (1997, 1998; one of the
help us to do this well. world’s most influential business thinkers accord-
What happens, however, when the future is ing to The Wall Street Journal) said the dirty little
not a linear extension of the past and present? secret of the strategy industry is that it does not
What happens when we want to innovate and re- have a theory of strategy creation and does not
invent our business model, our industry or our know where bold, new value-creating strategies
world? How can we radically add value and pro- come from. As hard as it is to believe, Hamel is
vide high quality at low cost?
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