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In "Strategy has to be more than just a long-term, comprehensive plan," Stephan explores the dynamic role of strategy in today's fast-paced business world. Drawing from personal experiences as a CEO, Stephan argues that effective strategy goes beyond static, long-term plans. Instead, it must be adaptable, responsive, and deeply integrated into daily operations. The talk highlights how a flexible and proactive approach to strategy can drive sustainable success and innovation, offering practical insights on how to align strategic vision with real-world execution. Stephan Hungeling is an advisor, investor, and senior executive specializing in private equity portfolio companies within the consumer and retail sectors. With extensive experience in organizational transformation and strategic recalibration, Stephan has developed a unique perspective on effective strategy. He challenges conventional wisdom, asserting that in times of change and turbulence, strategy must go beyond traditional, comprehensive, long-term plans to adapt and thrive. His innovative approach reflects a deep understanding of the evolving business landscape and a commitment to guiding organizations through complex transitions. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx