Strategic foresight and the importance of seeing what you are looking at!
- By: John P Sykes
Posted in: Blog, Case Studies, Media, Publications, Strategy
Catching up on last week’s Strictly Boardroom, we looked at an arcane and colloquial example of poor strategic foresight: the demise of Sydney Ferries with the construction of the Sydney Harbour Bridge. The lesson is that not all major events are unforeseeable, however, ‘paradigm lock’ often means that those forming the strategy often cannot see the ready evidence of big changes to come.
The article was entitled: “Strategic foresight and the importance of seeing what you are looking at!” and is still available to MiningNewsPremium.net subscribers online. Otherwise contact me for a copy.
For keen followers of the Strictly Boardroom column, our book “Strictly (Mining) Boardroom Volume II: A Practitioners Guide for Next Generation Directors” was published last year and is available as a paperback or e-book from Major Street Publishing or Amazon.
Image: The Dee Why ferry in the 1930s with the Sydney Harbour Bridge under construction in the background. (Source: Wikipedia).