Rethinking corporate strategy in the age of polycrisis: Are Nigerian firms strategically vulnerable or resilient?
Source ↗
👁 0
💬 0
By FRANKLIN NGWU & CHINASA ONWE
Is the five-year strategic plan over—not fading, not evolving, but dead? Once a backbone of corporate strategy, its usefulness is becoming questionable in a business environment where certainty is increasingly elusive. The Center for Creative Leadership (CCL) refers to this new reality as polycrisis: the simultaneous, rather than sequential, confluence of climate disruption, geopolitical instability, macroeconomic volatility, and technological disruption.
Is the five-year strategic plan over—not fading, not evolving, but dead? Once a backbone of corporate strategy, its usefulness is becoming questionable in a business environment where certainty is increasingly elusive. The Center for Creative Leadership (CCL) refers to this new reality as polycrisis: the simultaneous, rather than sequential, confluence of climate disruption, geopolitical instability, macroeconomic volatility, and technological disruption.
Comments (0)