Foundstone Conversations

Andrew Bird

Real-world strategy conversations with organisation & industry leaders about their latest challenges, learnings & insights.

What is Open Strategy? (Julia Hautz, Co-author of 'Open Strategy' & Prof. of Strategic Mgt)
Feb 25 2022
What is Open Strategy? (Julia Hautz, Co-author of 'Open Strategy' & Prof. of Strategic Mgt)
In this episode, we chat with Julia Hautz - the Professor of Strategic Management at the University of Innsbruck in Austria.Julia is the co-author of 'Open Strategy, a book that is taking the global strategy community by storm.Open Strategy, as Julia explains, means actively involving people from outside the C-suite in strategy deliberations.Both internal and external to the organisation.This can include customers, partners, suppliers, and even competitors.As well as those internal to the organisation, like front-line employees and various levels of staff from outside the C-Suite that haven't typically been involved in strategy in the past.We're seeing first-hand with our own clients that this type of approach to strategy is becoming essential to stay relevant and connected.These were some of our highlights from the conversation:- How the Open Strategy approach is helping leaders overcome their biases, and instead, co-design strategy with customers, partners and staff who are then more committed to implementing the changes.- How you can start to bring people outside your organisation directly into strategy development- How to get valuable insights from other seemingly unrelated industries.- Real-world examples of organisations using Open Strategy including the US Navy, CIA, and various other mid to small sized organisations from across Europe & the US.- How Serendipity relates to strategyWe hope you enjoy the conversation and trust you'll get some really meaningful insights of how you can start to build Open Strategy into your own approach.
Leaders don't have to know all the answers (Dr. Graham Kenny Strategy Expert & regular HBR author)
Sep 9 2021
Leaders don't have to know all the answers (Dr. Graham Kenny Strategy Expert & regular HBR author)
Rather than pretending to know all the answers, leaders should be able to say "we don't know".That's the first step to 'discovering' strategy.The difference between 'discovery' and 'developing' strategy may seem subtle at first, but the approach can change everything.We held a live webinar with Dr. Graham Kenny, strategy expert and regular Harvard Business Review author, to find out the difference between 'developing' and 'discovering' strategy and how the right approach can have a significant impact.Graham has decades of knowledge and practical experience in strategy--from running businesses to hands-on consulting to driving the conversation in academia. Graham has many anecdotes and tips to share with leaders across various industries.Watch the recording of this live webinar to hear some of Graham's strategy recommendations, how to take an 'outside looking in' approach, and what that could look like.It is no secret that human-centred design principles are at the heart of what we do at Foundstone which is why we're dedicated to sharing this content with you. We're committed to creating a community that wants to learn and grow together, collaboratively. That means learning from you as well as doing what we can to keep you well-informed.The live comments and questions in our session were so good, that we purposefully de-railed our own agenda and questions. That's the way a real conversation should be!