Here's how you can optimize strategic decision-making in a career in Strategy using new technology.

I believe that the greatest contribution of technology to strategic planning is the ability to analyze consumer behavior as deeply as was previously impossible and to derive amazing insights from it. Since consumers leave far more digital traces than they did ten or twenty years ago, we can obtain very valuable insights into their preferences and needs through the analysis of these traces, and use these insights for strategic planning.

Try focusing on data and advanced tools for better insights. Imagine you're deciding whether to enter a new market. By using AI-powered analytics, you can quickly gather and analyze vast amounts of market data, customer behavior, and competitive landscape. Tools like predictive modeling can forecast potential outcomes, helping you make informed decisions. For example, a machine learning algorithm might reveal emerging trends that aren't obvious yet, allowing you to stay ahead of the curve. Embracing these technologies can streamline your decision-making process, making it more accurate and efficient.

To optimize strategic decision-making in a Strategy career, leverage data analytics. Utilize advanced analytical tools to gather, analyze, and interpret large datasets, uncovering trends and patterns that inform strategic directions. Embrace AI and machine learning to predict outcomes and model scenarios, providing a competitive edge. Stay abreast of the latest technologies to continuously improve your data-driven approach. Implement collaborative platforms that allow for real-time data sharing and decision-making across teams. This technological integration not only streamlines processes but also enhances accuracy and efficiency in strategic planning.

Use data analytics tools to gather and analyze large sets of data. Leverage insights from data to make informed decisions. Continuously update data sources for accuracy.

Undoubtedly, being able to realize all the tools that exist is a skill and competence that we must DO from any position within an organization; Being able to implement changes with technological force will make organizational processes more competitive, providing value to both people and the company in global markets. Artificial intelligence has arrived to contribute to these objectives. We must use the tools that are trending, allowing us to achieve better results for the entire environment.

Using Generative AI as support for building and execution of strategy is mind-blowing. The power of an LLM combined with strategy models and theory give tremendous knowledge for strategic development and execution.

Implement AI tools to automate routine tasks and analyze complex data. Use AI for predictive analytics to foresee trends and outcomes. Integrate AI into decision-making processes for enhanced accuracy.

Integrate AI to level up strategic planning. AI automates routine tasks, freeing up time for complex problem-solving. For example, Coca-Cola uses AI for predictive analytics, optimizing supply chain decisions and forecasting market trends. This proactive approach allows you to adapt strategies ahead of time, staying competitive and responsive. Embrace AI to enhance decision-making, improve efficiency, and gain a strategic edge in your career.

Tools like Microsoft Teams and Slack facilitate synchronous teamwork, enabling immediate feedback and dynamic idea exchange. Companies like GE leverage these platforms to integrate cross-functional teams, driving innovation and alignment. This seamless collaboration fosters cohesive strategies, ensuring decisions are robust, well-informed, and innovative, keeping your team agile and competitive.

Adopt tools that facilitate real-time collaboration, such as Slack and Microsoft Teams. Ensure seamless communication and document sharing. Use virtual whiteboards for brainstorming sessions.

With cyber threats on the rise, safeguarding sensitive data is crucial. Implementing advanced cybersecurity protocols needs to become common practice to ensure data integrity and confidentiality. By prioritizing security, you prevent breaches that could compromise strategic plans and company reputation. This proactive approach secures your data and reinforces trust and stability in your decision-making framework, enabling confident, uninterrupted strategic planning.

Implement strong cybersecurity protocols to protect sensitive data. Regularly update security measures and conduct audits. Educate team members on cybersecurity best practices.

The key takeaway is that in today's rapidly evolving tech landscape, what is impractical today could be commonplace tomorrow. Staying abreast of the latest advancements through continuous education allows you to anticipate and capitalize on those exponential shifts, maintaining a competitive edge.

We are in a time of several technology revolutions in AI ,in sustainability and in engineering (eg robotics , space technology,...). Non stop learning is key to stay on track.

By "continuous learning," people usually mean training sessions or courses. However, AI can help you not only compile a knowledge base – which could have been done before – but also organize an efficient search within it, training the AI to select a past case for each strategic problem.

Engage in online courses, webinars, and professional networks to keep pace with the evolving tech landscape. For instance, industry leaders like Google encourage ongoing training programs to ensure their teams are proficient with the latest AI tools and methodologies. This commitment to growth empowers you to leverage new technologies effectively, fostering innovative strategies and maintaining a competitive edge. Continuously updating your skills is crucial for making informed, strategic decisions in a rapidly changing environment.

Stay updated with the latest technological advancements. Participate in workshops and training sessions. Encourage a culture of continuous improvement and learning within the team.

Collect and analyze feedback to improve future strategies. Amazon is famous for using continuous feedback mechanisms to enhance their customer experience and operational efficiency. This iterative process boosts strategy quality, fosters transparency, and drives accountability within your organization. By leveraging feedback, you ensure your decisions are data-driven and adaptive, keeping your strategies dynamic and effective.

Establish regular feedback loops to assess the effectiveness of decisions. Use feedback to refine strategies and processes. Encourage open communication for continuous improvement.

Use AI for predictive analytics, cloud platforms for collaboration, and cybersecurity for data protection. Tesla’s use of AI for market forecasting and real-time data analysis exemplifies tech-driven strategy. Additionally, continuous learning and robust feedback loops are incredibly valuable. These elements collectively enhance decision-making, ensuring strategies are informed, innovative, and resilient.

Foster a culture that embraces technology and innovation. Ensure all team members are comfortable with new tools and technologies. Regularly review and adapt strategies to stay competitive.

My unconventional top 2 tips: #1 to speed up online decision making: Use facial analysis AI to guide your sales argumentation in online sessions. The AI tells you exactly who's not listening or looks adverse. Simply focus on turning them around. #2 for brainstorming: Hire neurodiverse profiles. Chances are high that your team will bring up enough perspectives to cover all necessary aspects and patch all issues. Just learn to smooth out tensions and foster mutual respect.

To optimize your strategic decision-making using new technology, start by leveraging data analytics and big data to understand past performance and know the best actions to take. The Internet of Things (IoT) is key for real-time monitoring and predictive maintenance. IoT devices collect real-time data from operations, giving you immediate insights into performance and potential issues. Predictive maintenance, driven by IoT data, helps you reduce downtime and boost efficiency. Lastly, implementing AI ethics frameworks ensures you use AI and technology ethically in your decision-making. Compliance management software keeps you updated with regulatory requirements, ensuring your strategic decisions meet the latest regulations.

Make technology work in your favour! This can be achieved by having experts in tech as a part of your regular consultative process and discuss your interests and needs, goals and visions. These will help foster better strategies on how tech can help with decisions.