Are you tired of hiring external consultants to develop your company's strategy? In this video, I explain why keeping strategy creation in-house is the way to go. I argue that big consulting firms' typical approach to strategy work is wrong, as their strategies often disappear into drawers because they are not homegrown and imposed from the outside.
I present five compelling reasons why strategy should be done in-house. From understanding your organization's history, culture, and ways of working to the importance of the human touch in strategy creation, you'll learn why copying best practices won't differentiate your company or deliver superior value.
I will also share why consultancies operating on a fixed project may penalize teams needing more strategy development time. And, perhaps most importantly, I reveal why keeping strategy in-house leads to better buy-in, alignment, and execution, and helps develop a strong internal capability for future strategic initiatives.