WITH VISION THROUGH TURBULENT TIMES
Management consultant Matthias Prammer explains why strategy is so crucial in the current ÖBB Magazine

WITH FORESIGHT THROUGH TURBULENT TIMES

Let's start with a comparison:

  • Imagine a large family planning a trip.
  • Everyone says where they want to go.
  • Everyone wants to experience something different.
  • You need common goals and images of what you want to happen on the trip.

Then comes the planning:

WHERE, HOW, WITH WHAT?

  • At some point, planning combined with flexibility in the right place is the key to success.
  • This is exactly what strategy does in a large company.
  • It creates shared images of what success is.
  • It gives direction.

WHERE DO WE WANT TO GO? WHAT ARE WE DOING TO GET THERE? WHO MAKES WHAT CONTRIBUTION?

  • As with travel planning, it is important to consider the environment.
  • Where do we need new routes?
  • What dangers need to be avoided and what equipment is required?
  • There are always challenges, sometimes even crises.

In the end, the same applies to the journey as to the strategy:

PLAN WELL AND THEN BOLDLY SET OFF.

  • Experience has shown that not having a strategy is exhausting, expensive and does not allow anyone to achieve their goals.

Therefore - it pays off - read and live the strategy.

 

Have a good journey!

Interested in further articles?

Hot News
More articles