Leaders already know that the classic approach to strategy–analyze, plan, execute– is losing relevance. But they don’t yet know what replaces it. As everyone and everything becomes more interconnected and digitized, how do you operate, compete, and win? Ming Zeng, the former Chief of Staff and strategy adviser to Alibaba Group’s founder Jack Ma, explains how the latest technological developments, such as artificial intelligence, machine learning, the mobile internet, and cloud computing, are redefining how value is created. Written especially for those outside the technology industry or the startup arena, this book introduces a simple, overarching framework to guide strategy formulation and execution in this data-rich and highly interactive environment. With insights into the strategies and tools used by leaders at Alibaba and other companies, Smart Business outlines a radically new approach to strategy that can be applied everywhere.