Successful business transformations are rare, and the pandemic has made them more necessary and more difficult. The difficulty, especially for “traditional” organizations, isn’t surprising. A substantive and irreversible shift in an organization’s identity, value system, and capabilities requires three difficult acts: Developing a deeper sense of purpose that guides strategic decisions and shapes the workplace culture, repositioning the core business, and creating new sources of growth.
4 Actions Transformational Leaders Take
Because the status quo won’t cut it.
May 05, 2021
Summary.
In a changed, post-pandemic environment, employees, customers, and investors have high expectations for the companies they work with. They expect companies to play a more prominent role in tackling systemic issues like climate change and social inequality, and they expect leaders to be effective, authentic, and compassionate. Leaders who want their organizations to meet this moment and succeed long-term need to move away from the status quo and change their approach to how they’ll lead the necessary transformations. The authors present four strategies for success.
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Learn how to create a winning business plan.