It Makes Sense to Adjust in strategy+business describes a simple process that any decently-led organisation should be using:

1. “sensing” to detect changes and assess their likely impact, then
2. “adjusting” policies to keep the strategy and performance on track.

Some sensible examples illustrate the approach, such as anticipating staffing needs in a cyclical business – though one wonders what on earth the companies discussed were doing before if they didn’t do this! It contrasts sense-and-adjust with reactive styles (do nothing until forced to) ...