Gain the competitive edge by learning from natural rules
Monday, 28 January, 2013 Leave a comment
I already knew that Giles was a bright guy (I wish I could say I have already read his book!) and that we are on a very similar wavelength BUT, if you have read any of my past blogs you will recognise a familiar message in the following extract. I know that the Executive Leadership Group with whom I have been working to form ‘Resilient Communities Network’ [RCN], AIBC & TBORI-UK have heard it all before from me but it can do no harm for them and others to hear it from another…
Akin to living systems
To succeed in business we must be agile, creative, alert, spontaneous and responsive – often operating in completely new ways. Today’s rapidly changing business environment calls for businesses that thrive in rapidly changing environments: businesses more akin to living systems.
These ‘firms of the future’ can learn and adapt; they are not structured and siloed, which stifles learning and agility. These firms are bottom-up, decentralised, interdependent, multifunctional, emergent, self-organising units – not the centralised, top-down, hierarchically-managed monoliths of the 20th century. Put simply, the business models and management approaches that served us well in the past are no longer fit for purpose in a business context where dynamic change is the new norm.
The years to 2020 will see organisations that “get it” adapting and evolving, and those that do not perishing or being acquired. Bold firms of the future do not try to tightly manage change, they empower a culture of collaboration to unlock the creative potential of their own workforce, their partners and the communities they serve, initiating virtuous cycles of collaboration, innovation and value creation for all stakeholders.
The result: more value, bigger margins and higher well-being.
It is this “redesigning for resilience” that drives the transformation to a firm of the future. The firm of the future is one that: