Last week, we hosted our first Strategy Drop forum with 25 CEO’s & senior execs. The topic was “How to get valuable insights from other seemingly unrelated industries“.
This topic has resonated with so many of our clients, partners and broader strategy community over the last few months.
It seems that senior leaders are realising that just focussing on ‘best practice’ within their own industry no longer cuts it.
If you missed out on the event, we will be running another session in the future on a similar theme.
We’ll also be sharing some of our learnings & observations here soon.
Below is the article on the topic from Dr Graham Kenny, who was our keynote speaker at the forum.
Full article: What Stops Managers from Looking to Other Industries for Inspiration
“Looking outside your industry for strategy improvements and breakthroughs is a good approach. The core reason why it doesn’t work more often is inertia.
Doing what you’ve always done and in accordance with industry standards and expectations is far easier and more comfortable than looking into other industries.”
In our experience, looking to other industries helps us to be creative and innovative in our solutions. Once we start to explore beyond what we think we know, and push past these “boundaries”… it opens up a new world.