"Brainstorming produces, at best, a sort of okay idea. We either rely on that or we rely on some brilliant human being that might just have the right revelation. [But] to stay ahead of the curve, you have to have your employees know how to come up with useful novel solutions systematically to the problems that they are presented with."
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.
Companies working in climate tech have scored highly in recent years' vitality rankings from BCG and Fortune.
Resist the temptation to scale back investment––instead, use the benefits of digital platforms to help your company through challenging periods.
"We can never assume that our comfortable, safe lives in a democratic capitalist society are going to go on forever if we don’t do anything for it. The system is wonderful, but it’s also fragile."
As the pandemic marks a third anniversary, business leaders around the world are eager to move on. But few companies have systematically institutionalized what they’ve learned from their Covid-19 experience to build resilience.
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