10 ◼ Strategic Agility and Strategic Options
The strategic options open to a company today are probably narrower than they once were simply because increased speed and cycle times give firms less time to build the new capabilities and accumulate the strategic assets they might need to pursue certain strategies. Thinking back to the analogy of a card game, companies have to play the hand they have been dealt—and chapter 9 explained how strategic assets make up an important part of that hand. But the three vectors of strategic agility also play a critical role in determining the strength or weakness of the company’s hand. And it is vital that the board understand the relative health of these vectors and how they interact because they impact a ...
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