3-Phase Flywheel Strategy Approach

Strategy Development has followed a set path since the last century where a predetermined, rectilinear, and inflexible approach defined the process. In the 21st century, however, business leaders are devising Strategy by evolving it into a probabilistic, repeated, and multifaceted process. An approach that can both endure and adapt to the growing pace of Change and Disruption that is manifesting itself in all industries. Using gaming, AI, unremitting execution, and adjustment, with numerous scenarios to deliberate on, leaders create "Flywheels" that successfully tackle the not so deterministic world where the future is highly uncertain. Flywheel is a concept originally used in the power industry to explain an origin of stabilization, energy storage, and momentum.