Episode 207
When was the last time you worked ON your business, not just IN it? In this eye-opening episode, host Damon Lembi welcomes Dr. John Hillen—former U.S. Assistant Secretary of State, multi-time CEO, board chairman, and award-winning strategy professor—to break down what strategic thinking actually means for today’s leaders. Drawing from his hot new book, The Strategy Dialogue, John argues that strategy isn’t just for Fortune 500 boardrooms; it’s a muscle every leader can—and must—develop, regardless of company size. From unearthing the difference between “strategic planning” and “strategic thinking” to practical ways to shift your mindset, this episode is packed with actionable frameworks, real-world case studies, and wisdom to help you stop reacting and start leading.
If you’ve ever felt too busy to look beyond your to-do list, you’ll learn why only 4% of leaders naturally think strategically—and how to join them. Plus: stories from the Berlin Wall, lessons from the rise of Netflix, the fall of Blockbuster, and what grocery stores can teach you about your true strengths. Whether you’re an entrepreneur, executive, or aspiring strategist, this episode will change the way you see your business, your role, and your future.
In this episode, you’ll learn:
Timestamps:
00:00 – The “strategic muscle”: why leaders must work ON the business
00:30 – Damon introduces John Hillen & today’s episode
01:26 – Why strategy is the heart of leadership
02:49 – Common excuses leaders use to avoid strategic thinking
04:51 – Only 4% of executives think strategically (and what the other 96% do instead)
07:36 – John’s background: Berlin Wall, Desert Storm, and the roots of strategic thinking
12:14 – How global experience shapes perspective and context
14:24 – Why John wrote The Strategy Dialogue & teaching strategy through dialogue
19:14 – Strategic thinking vs. strategic planning: Key differences
23:36 – Using “scenario planning” and creativity in traditionally rigid industries
24:51 – The essential mindset shift: think forward, ask better questions
26:26 – Why companies like Blockbuster and Kodak get disrupted
30:28 – Netflix’s three business model pivots: lessons in strategic agility
32:35 – How to get honest about your true strengths—ask your customers
35:49 – Whole Foods vs. Trader Joe’s: Different strengths, different strategies
37:21 – Beyond SWOT: the TOES framework for action-oriented strategy
44:40 – Can AI help with strategic thinking? The human judgment difference
47:00 – Why “how you think” is more important than “what you decide”
51:24 – How often should you revisit your strategy?
58:40 – Strategy, clarity, transparency, and public policy examples
1:00:10 – John’s final advice: Work on your business, not just in it
About Dr. John Hillen
Dr. John Hillen is an award-winning strategy professor, best-selling author, and sought-after business leader with a career spanning the military, government, academia, and boardrooms. A former U.S. Assistant Secretary of
Published on 9 hours ago
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