Competing in a Complex, Fast-Changing World: Building the Enterprise of the Future
OVERVIEW Things are changing so quickly it’s hard to keep up. And it’s not just the speed of change that’s accelerating. The degree of complexity you have to deal with is expanding as well, at an ever-increasing rate. It all boils down to this: If your speed of change - the rate at which your organization innovates and learns - is slower than that of your industry, then you’re continually falling behind in a vicious cycle. Eventually you’ll be out of business. If you want to succeed and grow, your organization needs to change at least as fast as, or faster than, the speed of change in your industry. Such an enterprise must: Quickly learn and adapt to changes in the competitive environment Find value where others can’t Keep up with new trends in organizational structure Make enlightened business decisions Quickly and effectively carry out those decisions Focus on business process improvement and management Measure outcomes and make adjustments Continuously ...