How are successful companies dealing with change in business today?
In this Espresso Shot of Ideas, Anders Sorman-Nilsson discusses how disruptive trends forces organisations to focus on scenario planning the future to a whole new degree than before. He provides case studies of how companies like Nokia, Borders, Circuit City and Blockbuster have blinked for a second, and thus gone from being Good to Great to Obsolete within short spaces of time.
Key Take Aways
- Nokia lost the smart phone race partly as a result of having non-innovative, and non-diverse leadership teams
- Circuit City could'nt keep up with Moore's Law and lost the consumer electronics race in the US
- Borders and Blockbuster have been smashed by a shift from analogue to digital thinking and communication
Check out Anders Sorman-Nilsson's book "Thinque Funky: Upgrade Your Thinking" for the latest thoughts on how your organisation can better be dealing with change.
