Which are the aspects you will keep in mind about the perspective of management to be effective strategic manager in an industry?

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2026-05-03 11:35

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Project Context is the main one. Projects are never undertaken in a vacuum, and an appreciation of the context around projects, programmes, business strategy and the market can help you appreciate and plan effective future strategies. People tend to concentrate on the hard project issues (e.g. technical challenges, supply chain, construction, integration and delivery) and often forget the softer issues (e.g. people, skills, values, processes and procedures, ways of doing business, motivation, leadership) and completely miss either the bigger picture things (e.g. political pressures, local/national/world economic impacts, sociological changes, disruptive and emerging technologies, legal changes or environmental issues, market saturation/trend/direction) or the knives closer to home (e.g. fellow workers stabbing you in the back, bosses taking your ideas, business not ready for new ideas). The world is full of good ideas that didn't get off the ground or people stubbornly thinking their strategy is the best and only one/way. I think the key to good and effective strategic management is constantly questioning yourself, learning from your mistakes and from other people's mistakes, and a willingness to take innovative ideas forward, but always willing to adapt them to suit the bigger picture and keep your customers happy. It is a journey and not a destination, so you always need to strive to be better, and not sit back and be complacent.

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