"We all seem to have collectively lost sight of what it means to be a good business, in the ethical sense."
Operations have always been foundational to competitive advantage, but the nature of this relationship is shifting.
In this sequel to our work on mastering the science of organizational change, we delve into the realm of moviemaking—an industry relatively successful at repeatedly delivering complex projects—to uncover unique practices that help improve the odds of success in corporate transformations.
Drawing lessons from digital-first companies, incumbent firms should embrace their clients’ desire to explore and experiment, treat them as partners in the creative process, and close the gap between innovation and execution.
In a volatile, uncertain world, successful strategies are those conceived as portfolios of options rather than as roadmaps. Here's how to create and communicate such strategies.
The next era of competition is at hand. To succeed in an environment of high uncertainty, greater short-term pressure, and tighter resource constraints, companies must become even better and more efficient at developing options for future advantage while continuing to perform in the present.
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