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Witold Henitz

Vice Dean and Deloitte & Touche Professor of Management at Wharton's Impact, Value, and Sustainable Business Initiative; expert on geopolitical risk and corporate diplomacy.

Jun 5, 2026

45:04
Could you walk us through those steps and how they fit together in practice?
45:08
Yeah, I don't think it's, you know, it shouldn't be a surprise to anyone who's dealt with strategy formation.
45:13
I mean, I actually, many years ago, I wrote a piece looking back at the inception of the dynamic capabilities framework by David Geese.
45:22
And he had a very similar sort of framework that he developed early on, which is you have to go out and kind of see what's happening in the technological landscape.
45:32
And so you have to be aware of what's going on.
45:34
That's akin to scanning in our perspective.
45:37
Uh, and then you need to think about how it affects the firm and what's critical with politics and with technology.
50:11
How do you see these decisions being made today, especially on those specific elements of capital allocation, for example, market entry, M&A, and so on?

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