The Strategy Studio Field Guide with Dr. Steve Diasio

Steve Diasio

The Strategy Studio Field Guide is a dynamic course podcast that helps students move from textbook concepts to real strategic practice. Each episode connects weekly content to the live project, guiding teams through research, diagnosis, formulation, critique, prototyping, implementation, and final pitching. Using short field-guide episodes, milestone dispatches, and guest/client conversations, the podcast turns strategic management into an engaging, career-building studio experience students can carry with them between classes, team meetings, and presentations. It keeps the studio moving now.

Episodes

  1. 2d ago

    Why External Forces Dictate Strategic Success | Strategic Management Studio

    Welcome to the Strategic Management Studio! In today's turbulent, complex, and hyper-connected global economy, no organization—whether it's a massive Fortune 500 company or your dorm-room digital startup—succeeds by accident. In Episode 3 of our series, your host (a former executive and real-world strategy expert) breaks down The External Environment. We are leaving the theoretical boardroom and bringing strategy straight to your world in 2026. If you want to understand how to build uncopyable competitive advantage, you have to look outside your own walls. Why? Because the external environment dictates your opportunities and threats. Whether you are launching a new campus ride-share app, navigating the gig economy, or preparing for high-stakes post-grad interviews, this episode will teach you how to anticipate market shifts before your rivals even see them coming. In this episode, we cover the ultimate strategist's survival guide: How to make sense of ambiguous data, analyze macro-trends, survive industry rivalries, and legally predict your competitor's next move. TIMESTAMPS: 0:00 - Introduction: You are the Strategist Now! Why the external world matters. 3:15 - The 4 Steps of Environmental Analysis: Scanning, Monitoring, Forecasting, and Assessing. 8:45 - The General Environment: Decoding the 6 segments shaping 2026 (Demographic, Economic, Political/Legal, Sociocultural, Technological, and Global). 16:30 - Deep Dive into Porter’s Five Forces: How to determine an industry's ultimate profit potential. 22:15 - Real-World 2026 Student Examples: From AI study apps to fully immersive VR hangouts. 28:40 - Strategic Groups: Why rivalry is fiercest among your closest peers. 34:10 - Competitor Analysis & Intelligence: Uncovering a rival's future objectives, current strategy, assumptions, and capabilities. 41:00 - The Golden Rule of Ethics: Gathering intelligence using strictly legal and ethical practices. 45:20 - The Strategist's Takeaway: Turning threats into opportunities. KEY TAKEAWAYS & EPISODE NOTES: 1. Continuous Environmental Analysis: To cope with volatile and incomplete environmental data, successful strategists use a continuous four-step process. Scanning involves identifying early signals of environmental changes and trends. Monitoring means observing those changes over time to see if a meaningful trend is emerging. Forecasting develops feasible projections of what might happen and how quickly, while assessing determines the exact strategic timing and significance of these changes for your specific firm. (Think of tracking how fast that new AI-driven study group app is taking over your campus!) 2. The General Environment: The general environment consists of broad societal dimensions that influence an industry and the firms within it. We analyze six major segments to identify opportunities and threats: 3. The Industry Environment (The Five Forces): Compared to the broader general environment, the industry environment has a much more direct effect on a firm's strategic actions and profitability. We analyze this using the five forces of competition: Threat of New Entrants, Bargaining Power of Suppliers, Bargaining Power of Buyers, Threat of Substitute Products, and the Intensity of Rivalry Among Competitors. (If you are launching a campus venture, how high are your barriers to entry? Who holds the leverage?) 4. Competitor Analysis & Intelligence: Within an industry, firms that use similar strategies and compete on similar dimensions form strategic groups. Competitive rivalry is much greater within a strategic group than between different strategic groups. To predict what your specific rivals will do, you must gather competitor intelligence to understand their future objectives, current strategy, assumptions, and capabilities. And remember, as an emerging professional, you must ensure your competitor intelligence is gathered using only legal and ethical practices.

    21 min
  2. From Assumptions to Evidence - Your First Idea Is Probably a Guess

    Jun 12

    From Assumptions to Evidence - Your First Idea Is Probably a Guess

    Welcome to Episode 2 of The Strategy Studio Field Guide, where we begin one of the most important shifts in strategic management: moving from what we think is happening to what the evidence actually shows. In this episode, Dr. Steve Diasio introduces students to the research foundation of the Strategy Studio. Before teams jump into solutions, campaigns, apps, events, recommendations, or beautifully designed slides, they must first learn how to investigate the world around the organization. Strategy does not begin with the clever idea. It begins with disciplined curiosity. The big idea of this episode is simple: your first idea is probably a guess wearing nice shoes. It may sound polished. It may feel exciting. Your team may love it. But unless it is grounded in research, it is still an assumption. In professional strategy work, assumptions are not bad. They are starting points. The danger is when teams confuse assumptions for evidence. This episode helps students understand how to begin external research using tools such as PESTEL analysis, industry scanning, competitor research, trend analysis, and stakeholder questioning. Students will learn how to look beyond the organization itself and examine the larger forces shaping its choices: political, economic, social, technological, environmental, and legal conditions. These forces are not abstract textbook categories. They are the weather system surrounding every strategic decision. Students will also explore how to scan an industry, identify competitors and substitutes, understand shifting customer or stakeholder needs, and ask sharper research questions. The goal is not to collect random facts. The goal is to build a research foundation strong enough to support strategic recommendations later in the semester. This episode prepares teams for the early research phase of the course and the Week 3 Research Check-In. By the end, students should be able to explain what they currently know, what they are assuming, what evidence they still need, and where the most important research gaps remain. Key questions explored in this episode include: What do we think we know, and how do we know it?What external forces are shaping the organization’s challenge?Who are the competitors, substitutes, partners, and stakeholders?What trends could create opportunities or threats?What questions should we ask before we recommend anything?Where are we still guessing? Students should listen with their project team in mind. As they listen, they should begin building a research plan, identifying credible sources, preparing stakeholder questions, and turning early assumptions into testable insights. This episode is a reminder that good strategy is not magic. It is not a lightning bolt. It is not the loudest idea in the room winning the argument. Good strategy is evidence, pattern recognition, disciplined imagination, and the courage to let research change your mind. The studio move for this week: do not fall in love with your first idea. Fall in love with understanding the problem. Listen before class. Bring questions. Bring evidence. Bring curiosity. The strategy work begins here.

    19 min
  3. Welcome to the Strategy Studio: This Is Not a Normal Class

    Jun 12

    Welcome to the Strategy Studio: This Is Not a Normal Class

    Episode 1 introduces students to the mindset, rhythm, and expectations of Strategic Management Studio. The course is not built around passive listening or memorizing definitions. It is a working studio where students practice strategy through a real-world organizational challenge. Students will use strategic management tools to investigate a problem, analyze an organization and its environment, identify opportunities, develop recommendations, create prototypes, and present their work in a professional final pitch. The central message is simple: strategy is not just a plan. Strategy is a disciplined way of making choices under uncertainty. Organizations face shifting markets, new technologies, resource constraints, changing customer behavior, competitors, partners, and public pressure. Leaders rarely have perfect information, but they still have to decide what to do next. This course invites students into that kind of work. They are not pretending to be consultants, founders, product managers, designers, analysts, or innovation teams. They are practicing the same habits those professionals use every day. The episode explains the core framework for the semester: strategic inputs, strategy formulation, implementation, and outcomes. In student language, that means understanding the situation, researching the environment, analyzing the organization, finding the real strategic issue, creating options, choosing a direction, building prototypes, pitching recommendations, and reflecting on what was learned. The podcast frames this as a journey from “I have an idea” to “I have evidence, insight, a recommendation, a prototype, and an implementation plan.” A major theme is the difference between assumptions and evidence. Students are warned not to fall in love with their first idea. Early ideas can feel exciting, but many are guesses dressed up in confidence. Strong strategy begins with research. Students will study trends, competitors, stakeholders, customers, internal capabilities, constraints, and opportunities before recommending solutions. The episode also introduces the studio critique model. Students should expect to show unfinished work, receive feedback, revise, and improve. Good feedback should be specific, constructive, and actionable. Episode 1 previews the major milestones. In Week 3, teams submit a Research Check-In Video to show early findings and research gaps. In Week 5, they submit the Final Research Presentation Video, including PESTEL, competitor analysis, stakeholder insights, internal analysis, SWOT, and a strategic issue statement. In Week 7, they submit the Midterm Strategy Video, where the course shifts from analysis to creation through personas, journey maps, strategic directions, and prototype concepts. In Week 12, teams deliver the Final Strategy Presentation Video, a polished recommendation with research, strategy, implementation roadmap, metrics, and a final prototype or visual asset. The episode helps students see that this course is also about career readiness. Employers want graduates who can make sense of ambiguity, research markets, analyze competitors, work in teams, communicate clearly, develop recommendations, revise ideas, and pitch with confidence. By the end, students should have a portfolio-quality project they can discuss in interviews as evidence of research, diagnosis, recommendation, prototyping, and presentation. Finally, Episode 1 positions the podcast as a companion to the course. Each episode will help students connect textbook concepts to the live project, prepare for studio work, avoid common mistakes, and keep momentum between class sessions. It will serve as a field guide, project coach, and reminder that strategy is not magic. It is disciplined imagination.

    22 min

About

The Strategy Studio Field Guide is a dynamic course podcast that helps students move from textbook concepts to real strategic practice. Each episode connects weekly content to the live project, guiding teams through research, diagnosis, formulation, critique, prototyping, implementation, and final pitching. Using short field-guide episodes, milestone dispatches, and guest/client conversations, the podcast turns strategic management into an engaging, career-building studio experience students can carry with them between classes, team meetings, and presentations. It keeps the studio moving now.