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Most pundits agree that our world will be different. No one knows to what extent, but for sure it will be different. Whatever happens to our economies, lifestyles, or needs, the uncertainty is higher than ever before. The question is, what will make the growth wheels spin again. Global completion could be more brutal than ever before.
Historically demand has gone done after a crisis. To succeed in a time of ever-changing technology and needs requires fast, adaptable, and creative thinking.
I'm sure leaders, all over the world, are struggling with their future. What will attract customers? What margins are feasible? How long will the downturn last? What will make my company survive?
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The most important work for Leaders is to build the capability to deliver the right value. The capability is what you can work on right now and it will give some respitrespite.
The time is over when the best way to organize was in functional silos with local responsibility and performance metrics. Whether you are promoting silos or not, your business is operating in valve streams. That is all strategic steps needed from start until some kind of client or user value appears.
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What to does it mean in practice
It is a difference between analyzing what products the market will like and develop an organizational capability to deliver any great product. The latter is a more flexible alternative and something you can work on now and be better prepared for the future.
Business agility means an organization that as a whole have the ability to adapt according to market and customer needs. CEOs and other top managers cannot continue to delegate work <responsibility for organizational design and change managment> to middle management and functional silo managers.
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