Our Strategy Lab translates business ideas that offer real impact by capturing, developing, and applying cutting edge thinking from within and beyond business.
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LEARN MORE"Old models of change aren't suited to the reality that we're operating in today."
Digital transformation is a top strategic priority for business leaders today. IDC estimates that firms will invest around $6.8 trillion between 2020–2023 for this objective.
Today's businesses compete on their ability to deploy dynamic solutions in a dynamic world - requiring them to learn faster and apply varied learning techniques to gain an advantage.
"When we are addressing complex problems, we want to integrate everything that's important and leave out everything that is just ancillary. A good frame will have all those necessary conditions and only those necessary conditions."
Many companies get started on strategy-making too late because of a lack of awareness or sense of urgency that there is a challenge to be addressed. These traps can be avoided by carefully considering two questions before starting on any strategy-making or strategic review process: Is there a problem to solve, and what sort of problem is it?
Retailers and service providers should rethink where and how they deploy their sales agents in light of data that shows current approaches aren’t delivering the experiences consumers want.
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