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Industrial policies have returned to the forefront of policy discussions as governments strive to support businesses amidst ongoing challenges such as productivity slowdown, climate change, natural disasters, and trade shocks. This paper reviews Slovenia's "Industrial Strategy 2021-2030 for green, creative and smart development" (SIS), designed to address these challenges through targeted policy instruments. Leveraging a variety of data sources, the review examines the strategy's design, governance, policy instruments, and their effectiveness in achieving Slovenia's objectives. Despite some unique characteristics, Slovenia shares many challenges with other OECD Members. Thus, the review of Slovenia’s industrial strategy offers valuable lessons for designing and implementing similar strategies elsewhere. Key insights emerge not only for broad policy design—such as governance structures—but also for the three thematic pillars of the strategy: green, creative, and smart development.