Mastering Change– The Survive, Reset, Thrive Framework (Outthinkers Podcast #127)
“Survive, Reset, Thrive... the best way to describe it is a pragmatic and proactive model of how to grow through any market condition. And you've gotta start with a premise that growth is a loop, not a line, which can sound a bit cliche, but, unfortunately, most of our strategy planning tools are based on linear checklist or frameworks. Step 1, then step 2, then step 3. And that's not the dynamic and complex world we're living in. So I'm encouraging strategy experts, whether you're an internal CSO, or you're running your own company to embrace this loop thinking.”
Rebecca Homkes , is a high-growth strategy expert, CEO, and executive advisor. She is a Lecturer at London Business School , Faculty at Duke University Corporate Executive Education, Advisor and Faculty at the Boston Consulting Group (BCG) focused on AI and Digital Transformation and a former fellow at the The London School of Economics and Political Science (LSE) Centre for Economic Performance.
A global keynote speaker and recognized thought leader, she is also the global Faculty Director of the Active Learning Program with the Young Presidents Organisation (YPO), leads several fintech accelerators, and serves on the boards of many high-growth companies.
Rebecca's multifaceted roles offer a uniquely wide and deep perspective on how companies grow. Her work challenges us to realize that the mechanical, linear paradigm of strategy making that has dominated the field for the last 60-odd years cannot deliver sustained growth in volatility of today’s rapidly-changing world. She shares an alternative approach in her 2024 book Survive, Reset, Thrive: Leading Breakthrough Growth Strategy in Volatile Times.
In her recent Outthinkers Podcast episode, we dove into some of her powerful techniques around arming your company with the right mindset for the right time, and building a company that can learn and adapt through change.
Rebecca shares:
Episode Timeline:
00:00—Highlight from today's episode
1:06—Introducing Rebecca + the topic of today’s episode
3:23—If you really know me, you know that...
4:32—What is your definition of strategy
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05:10—The "survive, reset, thrive" framework
8:30—The learning loop vs. linear thinking
10:20—Parrel paths: strategy and executing
12:59— Beliefs and critical assumptions in strategy
17:28—Addressing AI uncertainty in strategy
19:23—Balancing waiting and acting in strategy
20:48—Identify your learning loops
22:51—Learning velocity as a growth differentiator
24:41—The dynamics of survive, reset, and thrive modes
28:05—The three elements of thriving organizations
29:15—How can people follow you and continue learning from you?
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