The Governance of Renewal


We tell corporate transformation as a story about one person. A founder sees around a corner nobody else can see, bets the company on it, and hauls a reluctant organization into the future behind them. It’s a good story. It’s also a convenient one, because it lets everyone else off the hook. If transformation onlyContinue reading “The Governance of Renewal”

What the Future Cannot Escape: A Veto Test for Strategic Bets


Every board asks the wrong question: how confident are you? Confidence is a terrible investment criterion. History is full of executives who were catastrophically wrong with total conviction. Confidence isn’t insight. It’s charisma, or a good run, or enough distance from the downside that you stop feeling it. The question that actually separates enduring companiesContinue reading “What the Future Cannot Escape: A Veto Test for Strategic Bets”

The Strategy Isn’t Wrong. The Clock Is.


When an enterprise giant falls, the post-mortem almost always blames a lack of vision. We love the story of clueless executives ignoring the future. It’s comforting. If failure is just a lack of foresight, the fix is easy: hire better consultants, buy clearer forecasts, and hold better offsites. Except it’s rarely true. Blockbuster didn’t ignoreContinue reading “The Strategy Isn’t Wrong. The Clock Is.”