Gone are the days when organizations used to stick to a strategy and wait to see whether it worked or not.
#1: Top two findings of Bain and Company's 2015 Management Trends report were "ability to change is a significant advantage" and "innovation is more important than cost reduction for long term success"
#2: Scenario planning is required to prepare for alternative futures. Examine outcomes of under different operating strategies. Perform what-if scenarios.
#3: Agile mindset in strategic planning help planners think outside boardrooms and visualize changing landscape.
#4: Innovation and experimentation should be based on patterns of data rather than just past data.