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Masterclass: Strategy in an uncertain world.

 

Video: 29 min 15 sec

Strategy, in a risky and uncertain world, entails consideration of the changing business landscape and a willingness to explore possible futures that may well look quite different from the past.

Change, both its dimensionality and rate, means strategy formulation in today’s business context needs to be qualitatively different from the past. Whether we consider technological change, geo-political change, regulatory change, demographic change or changing industry and market boundaries, the constant is that strategy cycles are getting shorter.

In our rapidly changing world of risk and uncertainty, sound strategy requires a willingness to explore possible futures that may look very different from the past…

The periods of success, and as such the basis and temporary nature of the sustainable competitive advantage of firms, is itself getting shorter and hence there is a need for firms to consider strategy from a different lens to the past.

Study Australia Masterclass Presenter Vivek Chaudri - thumb

Academic Presenter: Vivek Chaudhri
Academic Director, Executive MBA Programs
Melbourne Business School

 

Vivek Chaudhri is the Academic Director of Executive MBA programs at the Melbourne Business School. His areas of research interest include negotiations, business strategy, innovation, finance and policy design.

He has worked extensively with governments on the design of auction formats and market methods in a number of different policy realms. He has also been actively involved in strategy consulting, negotiations and bidding, having advised the Boards and senior management of many private and public institutions, in Australia and internationally, on issues ranging from real options in valuations to designing organisational architectures.

Vivek is currently a strategy adviser to the CEO of CSL (Australia’s largest company by market capitalisation) and MD of Grannus Securities (a VC Fund).

Prior to joining Melbourne Business School, Vivek worked at Monash University and has held visiting academic appointments at the Australian Graduate School of Management, the Productivity Commission, UCLA and Yale University.


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