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In this episode of “IN Practice Podcast” we will talk about Strategic Drift and its negative impacts on degrading the company’s strategy over time without direct intervention. We will also cover the reasons why strategic drift can be a major problem for organizations and may result in the loss of strategic focus and direction, market share, and competitiveness. Then we will go over the three steps you can take to avoid strategic drift in your company.
ABOUT IN PRACTICE
“IN Practice” is a podcast that combines practical management concepts, best practices, and advice from the business world to help you become better at analyzing issues, seizing opportunities, mastering decision-making and delivering change. Every episode is filled with advice you can practice in your workplace.
The host, Loay Dirar, educates, writes, and advises on strategy development and implementation, as well as change management and risk management for major regional organizations in the Middle East and North Africa. He has 20 years of management experience, including ten years as a manager in multinational subsidiaries of organizations based in the Middle East and North Africa (MENA).