Success is not about being in the right place at the right time. It’s about proactive transformation. Where you want the business to go and to be dictates the strategy, which then shapes what the culture needs to be to turn the strategy into a reality. But if the strategy – the what and the why – is not compelling, the culture will not adapt, and the change will never come.
Success is not about being in the right place at the right time. It’s about proactive transformation. Where you want to go dictates the strategy, which informs culture. But if the strategy – the why – is not compelling, the culture will not adapt, and the change will never come.
Plan for the worst and expect the best
History has a way of repeating itself. When it comes to challenges out of your control, disrupt or be disrupted.
Companies are constantly faced with navigating a storm of business, health, social, economic and geo-political challenges. Today it’s a combination of supply chain issues, the Covid-19 pandemic, labor-related challenges, high inflation, and the war in Ukraine.
For companies that have been around awhile, it’s eerily similar to what we saw 20 years ago, emerging from the Sars health crisis, facing an intensely competitive global market and a global war in Iraq.
History has a way of repeating itself, and companies would be wise to plan for the transformative and disruptive approach to the next wave of global crises.
Becoming a ‘Most Innovative Company’
As technology advances and consumer demand evolves, companies and [...]
Becoming a ‘Most Innovative Company’
As technology advances and consumer demand evolves, companies and [...]
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More insights from Jack G. Truong
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