16min chapter

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To Set a Great Strategy, Start by Imagining the Future You Want

HBR On Strategy

CHAPTER

Future-Back Thinking in Business Strategy

This chapter explores the importance of 'future back' thinking for business strategy, contrasting it with traditional 'present forward' approaches. It emphasizes the need for leaders to dedicate time to envisioning future possibilities and trends, especially during uncertain times, to foster innovation and adaptability. The discussion includes historical examples of transportation innovation and the necessity for businesses to pivot based on long-term visions rather than immediate market conditions.

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