1. You have as many strategies as you have people capable on developing and implementing a strategy.
2. None of this matters because the organization has typically transformed its environment to ensure long term success. You have to work really hard to screw it up.
Strategy typically matters for:
1. Small, young organizations who typically face regular existential decisions.
2. Any organization facing a real challenge / change to its basic operating assumptions.
The written strategies for most organizations are… not their actual strategies
https://strategy-madlibs.herokuapp.com/
https://blog.gardeviance.org/2014/07/a-quick-route-to-building-strategy.html
And the differences between written and actual strategies are similar to those between espoused theories vs theories in use: https://coachingleaders.co.uk/espoused-theory-and-theory-in-use/
So in large organizations
1. You have as many strategies as you have people capable on developing and implementing a strategy.
2. None of this matters because the organization has typically transformed its environment to ensure long term success. You have to work really hard to screw it up.
Strategy typically matters for:
1. Small, young organizations who typically face regular existential decisions.
2. Any organization facing a real challenge / change to its basic operating assumptions.
Probably the best thinker and writer on strategy is Roger Martin: https://rogermartin.medium.com/
I have some thoughts here: https://tempo.substack.com/p/dont-tell-me-your-strategy-budgeting