Realising that the five-year plan is dead is not a knee-jerk reaction to Covid-19. The very concept of “strategic planning” has been under pressure for about 50 years. We’ve just chosen to ignore it.

The source of the stress lies in the antecedents of “strategic planning” itself. It came from the military and was proven and honed by two world wars. It permeated business and became codified and accepted practice for business leaders who were indoctrinated at postgrad business schools, mistaking an MBA for an education...

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