Join Christian Hüttenhein and Stephan Friedrich von den Eichen as they explore the world of Open Strategy in this episode. Discover how this approach helps companies strategically reposition themselves through diversity and openness. From analysis to implementation, Open Strategy opens up the entire process to diverse perspectives and expertise. Dive into the future of corporate strategy and be inspired by how companies can gain competitive advantages through transformation and realignme

Takeaways

• The Open Strategy approach opens up the entire strategy process, incorporating diverse perspectives and expertise.
• It is particularly relevant for disruptive business models and new market implementations.
• The success of the Open Strategy approach depends on the openness and willingness of top management to embrace diverse perspectives.
• The approach helps companies address the challenges of complexity and develop strategies that meet the needs of the future. Open Strategy focuses on repositioning and transformation rather than cost-cutting.
• Startups provide expertise in technology, market analysis, digital disruption, and entrepreneurship in the Open Strategy approach.
• The involvement of startups is not limited to a specific phase but extends throughout the entire process.
• The success of integrating startups depends on the strategic direction, market overlap, and the need for autonomy.
• The consulting industry is changing, and personalized advice that embraces diversity and creativity is becoming more valuable.
• Plurality and embracing different perspectives are essential for innovative problem-solving.

Chapters

00:00 Introduction and Background

03:21 Differentiating Factors of AMP

04:14 Understanding Open Strategy

06:25 The Concept of Opening

10:05 The Open Strategy Approach

11:58 Open Strategy vs. Wargaming

12:07 Focus on Disruptive Business Models

13:07 Process Innovations vs. Product Innovations

13:49 Industries and Turbulent Times

15:16 Dealing with Lack of Openness

19:33 Connection to Venture Formats

22:24 Open Strategy in the Current Situation

23:32 Open Strategy: Repositioning and Transformation

25:03 The Role of Startups in Open Strategy

27:57 Integrating Startups Throughout the Process

35:39 The Solutionator: Concretizing Strategic Impact

39:43 The Changing Landscape of the Consulting Industry

43:16 Embracing Diversity and Creativity in Problem-Solving

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Mehr über Christian Hüttenhein:

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