– Perhaps the greatest challenge business leaders face today is how to stay competitive amid constant turbulence and disruption
Change affects every company, but disruptions re-define the rules of the game and alter the competitive landscape forever
Many business leaders face a challenge to keep their companies competitive amid constant turbulence and disruption. Companies such as Borders, Blockbuster, Kodak, Neckermann and Schlecker have recognized the need for strategic change, but couldn’t drive the organizational change needed to sustain business success.
Unfortunately to many companies are stuck in the jar – Not being able to let go of the past, of the past success, of clinging on to it, almost always creates Win-Lose situations. It is blocking the opportunity to develop and grow.
Challenge to keep their companies competitive – Constant turbulence and disruption
Change awareness – A company’s ability to redefine itself as necessary
Change agility – A company’s ability to engage people in pending changes
Change reaction – A company’s ability to appropriately analyze problems, assess risks, and manage the reactions of employees
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