Sumantra Ghoshal, the late management guru and academic, called strategy the most enticing subject in the management curriculum, and at the pinnacle of the organizational processes. This is so, because planning for the future is about laying strategic bets, which as Ram Charan the other management guru, the other Indian pride, defines as an activity which can:
a. change a game
b. give you access to something you would not have otherwise
c. have a very uncertain pay-off
No wonder the road to strategy-making is strewn with such challenges!
