Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs.
The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they're mutually reinforcing.
The best CEOs I know are teachers, and at the core of what they teach is strategy.
The chief strategist of an organization has to be the leader - the CEO.
Operational effectiveness and strategy are both essential to superior performance.
The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.