The article explores how major corporations have failed to adapt to rapid transformations in their industries, despite having the resources. Recent disruptions, including the pandemic and AI advancements, highlight the need for businesses to transition from reactive strategies to anticipatory thinking. Rather than remaining fixated on short-term management, leaders must visualize multiple future scenarios and embrace exponential thinking. The article underscores the urgent necessity for companies to articulate their vision for transformation and prepare for the constantly evolving business landscape to thrive.
Nokia. Kodak. BlackBerry. Blockbuster. These companies didn't lack talent or resources; they simply couldn't adapt quickly enough to survive through transformation.
In the last five years, disruptions like the pandemic and AI boom have changed business landscapes, necessitating a shift from reactive to anticipatory strategies.
Leaders must articulate visions for possible futures and anticipate change, as simply managing the present is ineffective in today's fast-paced environment.
To thrive in exponential transformation, companies need exponential thinking and anticipation of change, rather than focusing solely on short terms.
Collection
[
|
...
]