Foundstone Advisory
Foundstone Advisory has been selected as an ABA100® Winner for Business Transformation in The Australian Business Awards 2025. The Australian Business Award for Business Transformation [BTR] recognises organisations that have successfully implemented initiatives that demonstrate excellence in business transformation.
Foundstone is an impact-led strategy advisory based in Melbourne, Australia, recognised for its pioneering Open Strategy Methodology – a ground-breaking approach transforming how organisations design and deliver strategy.
Founded in 2019 by Andrew Bird, Foundstone is the first consultancy to bring Open Strategy into the Australasia region. Since then, it has grown rapidly – transforming outcomes across for-purpose, healthcare, human services, social enterprise, impact investment and select for-profit organisations.
Foundstone’s breakthrough Open Strategy Methodology has been honed through a combination of real-world strategy delivery and collaboration with various global strategy experts, universities and business schools.
The method was developed over a five-year period, encompassing a combination of corporate strategy, open strategy, and impact measurement principles.
It shifts strategy from a closed, top-down exercise layered with assumptions to one that instead draws unique engagement and insight from clients, partners, staff, industry, philanthropy and impact investors.
By embedding impact and outcomes measurement at the core, the methodology enables organisations to design strategies that unlock new funding pathways, deliver stronger outcomes, and respond faster to changing sector dynamics.
The methodology inherently provides a proven framework and governance to integrate GenAI as another key voice at the table – balancing advanced AI qualitative data analysis with human judgment and reasoning to make informed strategy choices.
Organisations adopting the Open Strategy approach have achieved transformative results, including unlocking diversified revenue and investment streams, as well as new business models and program outcomes that were previously untapped.
By facilitating and guiding organisations through their Open Strategy Methodology, Foundstone has helped achieve impactful results for clients, including the Australian Medical Association, Carers Queensland, Mental Health Australia, Amber Community, Fulton Hogan, YMCA, RACV, Work Healthy Australia, The Bridge Inc. and Prevention United.
For more information about Foundstone Advisory, visit https://foundstone.co/