Due to increased speed and interdependencies brought on by technological advancements, the operating environment has forever changed. Complexity and unpredictability will only continue to increase, threatening the success of businesses from all directions.
The challenges of running an organization in today’s world are numerous, from improving performance to creating value to managing talent to executing strategy. However, a recurring theme runs as a current through each one– businesses are tackling 21st century problems with 20th organizational solutions. A pivot in our mental model is required if we are to overcome the new obstacles in front of us.