Research by IBM and McKinsey indicates that the volatility, complexity and disruptions of today’s changing world business’s major challenge. Yet, most business leaders believe they and their organizations are poorly equipped to deal with these conditions. Most business leaders honed their skills by focusing on operational efficiency, a focus that worked well for most of the 20th century. Now, they must contend with a world where change and innovation external to their organizations undermines or destroys the value of their business-as-usual. To adapt and thrive they need to envision new possibilities to create and deliver value to customers. This requires “thinking differently.”
See my YouTube video on Thinking Differently.
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Business Acumen in Short Supply but Greater Demand