Most key business parameters have changed significantly and become a new normal
There is no time for long "strategy development projects", but there is a need for a quick situation assessment, clear priorities and understanding of:
... what business areas will be attractive and capable of sustainable development in the current environment
... which businesses should be abandoned and how to do it best
... how the business model should change
An external strategy session is a great format to start a strategy review process
With the help of a qualified external moderator, you can turn your strategy session into a useful and effective event.
In a changing environment, you need to adjust the strategy, set goals and constantly control their achievement. To update the strategy, you should consider the company's internal needs, balance the interests of all stakeholders and consider market requirements.