There is an evolving shift in strategic thinking. Things are moving away from rigid, top-down approaches and moving towards embracing what we might call “vivid institutional imaginaries” as the new foundation of business and innovation strategy. This shift is well-supported by research that suggests that strategy isn’t simply about predicting the future but actively constructing it through discourse and storytelling, cf
Stackelberg & McDowell (2015) Hardy and Thomas (2012).
The use of tools like Design Fiction and speculative scenarios – as demonstrated by companies utilizing “future visions” internally (Michaud, 2023) – allows organizations to explore potential outcomes, test assumptions, and even shape public perception cf
Gonzatto et al., 2013.
As
Glaser (1994) argued, strategic imagination is crucial for navigating uncertainty. Furthermore, the concept of “strategy as discourse” emphasizes that narratives play a key role in establishing power dynamics and influencing organizational behavior cf...