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      Harvard Business Review

      Strategy-Making in Turbulent Times

      Strategy-Making in Turbulent Times

      A dynamic new model.

      By Michael Mankins and Mark Gottfredson

      • min read

      Article

      Strategy-Making in Turbulent Times
      en

      This article originally appeared in Harvard Business Review. 

      In crafting strategy, companies often struggle to cope with volatility. Using the traditional strategic-planning model, managers attempt to forecast how markets will evolve and competitors will respond, and then define a multiyear plan for winning in that future state. The organization is then called upon to execute that plan. Performance is routinely monitored, ostensibly to keep everyone on track.

      Read the full article in Harvard Business Review (subscription may be required).

      Brief

      How to Breathe New Life into Strategy

      Fixed-cycle is out. Dynamic, adaptive and connective is (finally) in.

      Harvard Business Review Webinar

      Strategy-Making in Turbulent Times

      Bain partners Michael Mankins and Mark Gottfredson led a live HBR webinar on a new approach and mindset for making strategic decisions.

      Authors
      • Headshot of Michael Mankins
        Michael Mankins
        Partner, Austin
      • Headshot of Mark Gottfredson
        Mark Gottfredson
        Advisory Partner, Dallas
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      The 2026 Retail Executive Agenda

      Here are letters to the C-suite to help strengthen strategy, catalyze collaboration, and expand value creation in the AI age.

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