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.
Innovation is the central issue in economic prosperity.
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 essence of strategy is choosing what not to do.
If your goal is anything but profitability - if it's to be big, or to grow fast, or to become a technology leader - you'll hit problems.