The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving

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CEOs and business leaders, management consulting senior partners, ground-breaking professors, thought-provoking writers and journalists, record-setting athletes and coaches, and award-winning actors and celebrities discuss the key issues facing the business world and broader society. Get free access to our newsletter, Monday Morning at 8 am, along with sample episodes from our training programs on www.strategytraining.com. Go to https://www.firmsconsulting.com/promo.

  1. 10 HR AGO

    582: McKinsey's Venkat Atluri, How to thrive in the ecosystem economy (Strategy Skills classics)

    Venkat Atluri, McKinsey senior partner and coauthor of The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders, explains how value creation is shifting from stand-alone enterprises to coordinated networks of collaborators. Drawing on two decades advising leaders in technology, media, and telecom, he outlines what makes ecosystem businesses distinct from traditional conglomerates—and the governance required to make them work at scale.   Atluri emphasizes that ecosystems aren’t about diversification for its own sake, but about following a customer-led thread: “Start with the customer and then follow the thread—what other problems does that customer have that you can solve together with partners?”   Key Insights from the Conversation Beyond Suppliers: Many firms mistake a supplier list or procurement process for an ecosystem. Atluri is clear: “A supplier list is not an ecosystem. An ecosystem is about mutual value creation and sharing in the upside.” Role Clarity Matters: Some firms will anchor the platform, continuously raising the bar for developers and users. Others will participate as contributors, protecting privacy, quality, and customer experience. Scale only comes when “responsibilities, incentives, and accountability” are explicit. Discipline in Operating Models: He advises executives to integrate ecosystem thinking into strategy, but then run deeper, dedicated workstreams to define roles, economics, and governance. Competition Is Ecosystem vs. Ecosystem: Scenario planning must account for new types of disruptors and ask, “What would an ecosystem leader do here?” Over time, Atluri expects the economy to consolidate into a few macro-ecosystems with multiple micro-ecosystems nested beneath them. History as a Control: Symbian and BlackBerry illustrate that large user bases are not moats. “Unless you keep raising the bar on your proposition, you lose.” Customer Experience Sets the Standard: Consumer expectations now apply in B2B as well: “If something doesn’t work out of the box, that tells you the company is focused on itself, not the customer.” 🎯 Practical Takeaways for Senior Leaders Map a customer segment’s biggest problems and use that to prioritize expansion. Deliberately choose whether to anchor a platform or participate in one—and align capital and talent accordingly. Replace vendor transactions with value-sharing constructs that reward partners for enlarging the pie. Establish governance, metrics, and cultural norms that enable collaboration at scale. Continuously improve the platform to keep developers, customers, and partners engaged. Atluri’s message is simple but powerful: “Ecosystems win when they deliver ever-rising value to customers and fair economics to contributors.” Companies that treat ecosystems as procurement exercises will stall. Those that treat them as strategic systems will build compounding advantages over time.   📚 Get Venkat’s book, The Ecosystem Economy, here: https://shorturl.at/XawOb   Here are some free gifts for you:   Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf   Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

    58 min

  2. 5 DAYS AGO

    581: President of the Sy Syms Foundation on Legacy, Leadership, and Family Enterprise

    Marcy Syms, former CEO of Syms Corporation and president of the Sy Syms Foundation, reflects on leadership, governance, and the responsibilities of stewarding a family-founded, publicly traded business. Her perspective blends the operational discipline of retail with long-term thinking shaped by philanthropy and board service.   Syms underscores that organizational resilience rests on clear governance, candid communication, and leaders willing to face hard choices directly. As she puts it, “Leaders are not tested when things are going well—they’re tested when the pressure is on and they have to make tough decisions.”   Key insights from the discussion include: Governance as Stewardship Boards must challenge assumptions and safeguard alignment between values, accountability, and performance. “The role of an independent director is not to be a cheerleader, it’s to really be a steward.” Succession in Family Enterprises Generational expectations can create friction with shareholder responsibilities. Codifying roles, rules of engagement, and equity structures helps prevent conflict. “If you don’t write it down, you’re going to end up with misunderstandings.” Retail as a Proving Ground Syms draws lessons from decades in a competitive industry, highlighting the need to balance cost discipline with customer orientation and agility in adapting to change. Philanthropy with Rigor Through the Sy Syms Foundation, she illustrates how philanthropy can extend corporate values into society when managed with the same discipline as business strategy. “Philanthropy isn’t just giving money away, it’s about investing in ideas and people with the same rigor you bring to business.” Authenticity in Leadership For Syms, credibility is earned through constancy: “People watch what you do over time. If you stay true to your principles, that’s how you build trust.” This conversation provides senior executives and board members with a grounded perspective on balancing family legacy, fiduciary responsibility, and societal contribution. It offers practical lessons in governance discipline, leadership maturity, and aligning enterprise with enduring values.   📚 Get Marcy’s book, Leading with Respect, here: https://shorturl.at/V0zJ3   Here are some free gifts for you:   Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf   Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

    56 min

  3. 25 AUG

    580: The Hidden Belief Blocking High Performers: “I’m Not Good Enough”

    Why do even the most successful executives and management consultants secretly struggle with the belief that they’re not good enough?   In this conversation with Josh Davis, PhD (psychology & neuroscience, Columbia University, NLP trainer) and Greg Prosmushkin (trial lawyer turned entrepreneur), we unpack: Why top leaders and consultants battle with imposter syndrome How invisible mental models shape every decision and client interaction Why strategy, frameworks, and technical skill aren’t enough if this belief goes unchallenged Practical NLP tools to shift your mindset, reframe limitations, and lead with confidence How to communicate with influence by understanding someone else’s mental model   Whether you’re leading a strategy engagement, preparing for a board presentation, or positioning yourself for partnership, this discussion reveals how to break through limiting beliefs and unlock executive presence.   Key Takeaways for Executives & Consultants The real cost of “I’m not good enough” in leadership roles Why curiosity and modeling are underused tools in consulting How small language shifts transform client influence and team leadership A proven process for reprogramming your internal dialogue   Get Josh Davis & Greg Prosmushkin’s book: https://shorturl.at/ixLfi The Difference That Makes the Difference: NLP and the Science of Positive Change   For advanced strategy, leadership, and executive presence training, visit: https://www.strategytraining.com   Here are some free gifts for you:   Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf   Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

    55 min

  4. 20 AUG

    579: Former Accenture Partner Brad Englert on Career Growth Through Relationships

    Brad Englert, former Accenture partner, IT strategist, CIO, and author, shares how building genuine relationships has been the cornerstone of his career success. From his early days in technology consulting to leading large-scale initiatives, Brad reveals the mindset and habits that helped him grow, earn trust, and thrive in a competitive corporate environment.   In this episode, we discuss why relationships are the ultimate career multiplier, opening doors to opportunities, mentorships, and partnerships that skill alone can’t guarantee. Brad’s story offers actionable insights for professionals who want to grow their influence, navigate organizational politics, and create long-term career success.   What you’ll learn in this episode: How Brad’s career path took him from hands-on technology work to Accenture partner The role relationships play in promotions, opportunities, and leadership roles Practical strategies for building trust across teams and organizations Lessons learned from consulting at the highest level How to create a career that’s resilient to change   About Brad Englert: Brad Englert is a former partner at Accenture, where he spent decades advising clients on technology and strategy. He is the author of Spheres of Influence.   📚 Get Brad’s book, Spheres of Influence, here: https://shorturl.at/GWYuE   🎧 Visit Brad’s podcast here: https://bradenglert.com/podcast   Here are some free gifts for you:   Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf   Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

    52 min

  5. 18 AUG

    578: Stanford’s Robert E. Siegel on Navigating the Toughest Leadership Trade-Offs

    Robert E. Siegel, Stanford Graduate School of Business professor, venture capitalist, and former executive, shares the leadership lessons he learned working with Intel’s legendary CEO, Andy Grove, and other amazing leaders, and how to thrive in today’s era of conflicting pressures.   In this in-depth conversation, we explore the concept of the systems leader, someone who can innovate while delivering results, balance global and local priorities, and combine decisiveness with humility. Drawing from his work with leading CEOs, his investing career, and his experiences in fast-moving industries, Robert explains how leaders can adapt and stay relevant, even as AI, economic shifts, and political uncertainty reshape the business world.   What you’ll learn in this episode: How Andy Grove influenced Robert’s approach to leadership and decision-making Why the most effective leaders thrive in environments of “cross-pressures” Practical steps for staying relevant as technology and AI transform industries The importance of balancing execution with long-term vision Stories from Robert’s career as an operator, investor, and Stanford professor   About Robert Siegel: Robert is a Lecturer in Management at Stanford GSB, a venture capitalist, and a board member for multiple technology companies. His work blends academic research with real-world experience, guiding executives at the highest level.   Get Robert’s new book here: https://shorturl.at/Zhv9N The Systems Leader: Mastering the Cross-Pressures That Make or Break Today’s Companies   Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf   Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

    51 min

  6. 13 AUG

    577: Former Submarine Commander L. David Marquet on How Leaders Make Better Decisions

    L. David Marquet, former nuclear submarine commander and author of Leadership Is Language, shares a precise, operational approach to leadership, one that replaces command-and-control with a language designed for clarity, ownership, and adaptability. Drawing on his experience turning the USS Santa Fe from one of the worst-performing submarines in the fleet to one of the best, David shows how seemingly small shifts in language can radically improve decision-making, learning speed, and execution.   David rejects the traditional leader–follower model in favor of a leader–leader framework, where decision rights are pushed “to the people closest to the information.” He explains how questions, statements, and the timing of communication directly shape whether teams think critically or default to compliance.   “What we say and when we say it changes what people do. Language is a leadership technology.”   Key Takeaways: Replace Permission with Intent Moving from “Can I…?” to “I intend to…” changes accountability and ownership: “When people tell me what they intend to do, they’re already owning the decision.” Protect Redwork and Bluework David distinguishes between redwork (doing) and bluework (thinking/planning) and stresses keeping them separate: “Mixing them degrades both. You want focused doing and focused thinking.” Sequence for Thinking, Not Speed Meetings often reward quick answers over thoughtful ones. Asking the most junior person to speak first helps reduce conformity bias. Use Language to Invite Dissent Adding uncertainty—“I’m not sure, but…”—creates psychological safety and surfaces crucial information that might otherwise stay hidden. Leaders Design Systems, Not Just Give Answers The leader’s job is to build communication structures that distribute thinking and enable faster adaptation in changing conditions. This episode is a practical blueprint for leaders who want to operationalize empowerment without losing control. By deliberately changing how they speak and listen, executives can create teams that are more resilient, accountable, and high-performing.   Get David’s new book here: https://shorturl.at/sv6QO Distancing: How Great Leaders Reframe to Make Better Decisions   Here are some free gifts for you:   Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf   Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

    56 min

  7. 11 AUG

    576: Bain Senior Partner Sarah Elk on Doing Agile Right (Strategy Skills classics)

    Sarah Elk, Senior Partner at Bain & Company and global leader of its operating model work, brings a clear, pragmatic lens to why so many large-scale change efforts fail to stick. Drawing on decades of advising multinational organizations, she diagnoses the structural and behavioral traps that cause transformations to stall, and shares the disciplines that make change durable.   Elk emphasizes that transformation is not a one-off program but an enduring capability that must be “led from the top and embedded in the culture.” She cautions against outsourcing responsibility to a program office: “If the CEO is not leading it and the leadership team isn’t engaged in the change, you might get something done, but it will erode quickly.”   Key Insights from the Conversation: Clarity on Non-Negotiables Many failed transformations lack a shared definition of the “non-negotiables” in the new operating model. Without them, execution becomes fragmented. “You have to be crystal clear on what’s standard and what’s flexible.”   Outcomes Over Activity Successful change efforts anchor to measurable business results, not just activity metrics or generic benchmarks. “It’s not about hitting 80 percent of a checklist. It’s about whether you’ve moved the needle on the outcomes you care about.”   Leadership Alignment Is a Continuous Process Alignment isn’t built in a single offsite; it requires ongoing dialogue, joint problem-solving, and confronting decisions that challenge entrenched interests. “You need the leadership team acting as one—every week, every month—not just at the kickoff.”   Manage Change Fatigue Overloading the organization erodes momentum. Sequencing initiatives and celebrating visible early wins tied to strategy helps sustain energy. “People get tired. You have to show progress and give them space to breathe.”   Governance, Incentives, and Talent Must Evolve Together Elk warns that without parallel changes to systems and structures, “behavior will revert to what it was before.”   The discussion reframes transformation from a high-profile event into a muscle organizations must build and maintain. For executives seeking change that endures beyond the initial push, Elk offers a blueprint grounded in operational rigor, leadership accountability, and cultural realism.   Get Sarah’s book here: https://shorturl.at/Tyotz Doing Agile Right: Transformation Without Chaos   Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf   Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

    1h 2m

  8. 6 AUG

    575: Ex McKinsey Expert on War Games, John Horn: How to Read Your Competitors (Strategy Skills classics)

    John Horn, professor of economics at Washington University's Olin Business School and former McKinsey strategist, shares a disciplined framework for understanding competitive behavior by applying game theory and structured simulations. In this episode, he explains how companies can elevate competitor analysis from basic intelligence gathering to actionable strategic insight.   Horn begins by debunking the common misconception that many competitors behave irrationally. As he puts it: “Every single time a client said the competitor is irrational, I could ask them... two, three questions which would explain... why the company was being rational in what they were doing.”   He outlines a four-step framework leaders can use to model likely competitive behavior: Observe what competitors say and do, including press releases, earnings calls, and other public data. Assess their assets, resources, and capabilities, and imagine what you'd do in their position. Identify the decision-maker and their background to infer how they think: “If you grew up as a marketer and you became a CEO, you’re going to look at the world from a marketing perspective.” Make a short-term prediction, write it down, and revisit it: “It becomes a virtuous cycle of getting a better insight into how that competitor thinks.”   Horn emphasizes that many firms fall short because they stop at step one or lack mechanisms to feed deeper insights into decision-making. He also stresses the role of empathy—not sympathy—in strategy: “I do have to empathize, understand why they’re making the choices they make.”   War gaming, in Horn's view, is a powerful simulation tool, not theater. “It’s a chance to practice business choices in a risk-free way... and just a much more realistic discussion.”   For entrepreneurs or under-resourced teams, Horn offers a lighter-weight version called "War Gaming Lite," which enables rapid, structured thinking about competitive responses using only internal knowledge and role-playing.   He also discusses how human biases, short-term incentives, and lack of time make both your firm and your rivals more predictable than you might think: “People really are predictable... It’s not rocket science—it’s about being disciplined.”   Whether you're a startup founder or a Fortune 500 executive, this episode offers practical steps to improve your strategic foresight and competitive positioning, grounded in empathy, behavioral realism, and iterative prediction.   Get John’s book here: https://shorturl.at/6DOyh Inside the Competitor's Mindset: How to Predict Their Next Move and Position Yourself for Success.   Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf   Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

    1h 1m
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CEOs and business leaders, management consulting senior partners, ground-breaking professors, thought-provoking writers and journalists, record-setting athletes and coaches, and award-winning actors and celebrities discuss the key issues facing the business world and broader society. Get free access to our newsletter, Monday Morning at 8 am, along with sample episodes from our training programs on www.strategytraining.com. Go to https://www.firmsconsulting.com/promo.

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