The future of strategy is very uncertain going into the future.
1. What roles or purposes does corporate strategy play in an organization? Is a corporate strategy even necessary for a firm to be successful? Why or why not? Would business and customers be better off without corporate strategy? Should corporate strategy be abandoned altogether?
2. What do you believe are the three major crises that will confront businesses over the next 50 years? Explain the impact that these crises will have on modern corporations and how they conduct business?
3. How should firms go about preparing themselves to not only survive such catastrophic events, but to ensure that they will thrive during these turbulent times? Be sure to include details and explanation.
4. What do you believe are the three most important things that all companies should understand about the concept of strategy? Explain why it is essential/critical for all organizations to understand these things and what will be the result if they choose to ignore them.