In this Thursday Thought, we examine the perils of unquestioned mental models. Using the metaphor of monarch butterflies’ ancient migratory paths, we explore how businesses, like Blockbuster, can cling to outdated practices. Learn why it’s essential to challenge ingrained patterns, adapt to new realities, and foster innovation in a rapidly changing world.
In this episode, we explore the emergent approach to strategy with Peter Compo, focusing on how truth and perception shape decision-making and the importance of internalizing frameworks. We dive into the Strategy Alternative Matrix (SAM), the balance between creativity and structure, and why gradual, thoughtful change is key to effective strategy.