232. Best of 2024 - What’s new in strategy: A view from the frontlines

In this episode of "Inside the Strategy Room," Alex D'Amico joins Andy West and Michael Birshan to discuss the evolving landscape of strategy development in the age of generative AI. The conversation covers the impact of AI on accessing insights, the importance of proprietary insights for competitive advantage, and the need for organizational agility and bold commitments in the face of uncertainty. They also explore how to effectively incorporate diverse perspectives in strategy formulation without ending up with lowest-common-denominator strategies, emphasizing the role of the CEO in driving vision and resource allocation. The discussion further dives into the social side of strategy, the significance of process over data, and the need for companies to adapt to a multi-stakeholder capitalist system by understanding their competitive ecosystem and capturing value in innovative ways.