For many years, we at FACT Consulting have been supporting companies in their strategy work, advising them on the subject of leadership and supporting them in process design. Excellent companies thus manage to implement clear strategic priorities through consistently acting executives with committed employees in clear processes.
The EU Taxonomy Regulation published in June 2020 clearly aims to make capital flows in the EU sustainable and thus move the entire economy towards sustainability. This has a massive impact on strategy work in different industries and company sizes. Six environmental goals address specific dimensions.
Greta Thunberg is currently giving us an impressive demonstration of what has long been reality. The way we consume resources in our current economic and business models will no longer work in the long term.
"Cultur eats strategy for breakfast" - this quote by Peter Drucker, one of the most important management thinkers of the last century, is still of central importance for successful strategy work. He thus makes it clear that the achievement of strategic goals can only succeed if the strategy is aligned with the corporate culture.
Strategy work is becoming increasingly short-term in its orientation: market dynamics require ever faster reactions and the willingness to think strategy in terms of variants and alternatives. It seems particularly important to me that corporate culture and strategy fit together. The interaction with each other and the joint shaping within the organization must be supported by the vision of the future. Because one thing always applies: "Culture eats strategy for breakfast".
