Modern Strategy & Leadership (full version)

In this Foundstone Conversations episode, we speak with the Australian Medical Association's (AMA) CEO, Natalia Centellas about Traditional vs Open Strategy. Our conversation covers how to:

-Deliver outcomes & impact through opening up strategy.
-Build trust between the board, CEO, leadership & staff.
-Develop confidence & grit as a leader.
-Develop unique insights through an iterative process.
-Create a culture where input is valued.
-Involve external stakeholders in the strategy process.
-Navigate uncertainty.

Natalia's insights for anyone in a leadership position considering a modern strategy process are invaluable.

Highlights include:

“An idea is only as strong as your ability to harness other people’s perspectives on its viability.”

“It’s our job as leadership to take uncertainty and convert it into something our team can work with.”

“Without getting an external perspective and validating your own assumptions you are forming a view that is very myopic.”

Chapters
00:00 - Introduction
00:41 - Natalia’s leadership evolution
02:09 - Strengthening ideas through conversations
02:56 - Why Open Strategy?
05:59 - Iterative strategic processes
07:49 - Traditional vs Open Strategy & building confidence as a leader
11:00 - Inaccuracy of quick answers
11:39 - Culture and Strategy
13:15 - Building organisational trust
16:29 - Why external perspectives are crucial
20:39 - Encouraging strategy input
23:33 - The importance of internal consistency
25:30 - The CEO’s role in Open Strategy
26:08 - Key outcomes from the process
29:05 - Navigating uncertainty
32:49 - Holding your own as a senior leader


Find out more about Foundstone https://foundstone.co

Discover the AMA https://www.ama.com.au

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