There is one constant in this world: change. It’s echoed in the conversations I have with leaders on a daily basis – the speed of change is getting faster and faster. It may take different forms (technological, social, global economic, disruptive business models, the nature of the work), but in any form, disrupts the business world as we know it.
In the end, it’s the job of us leaders to create an internal capacity to change that is equal to or (ideally) greater than the speed of change outside the walls of our organizations. That way, we’re prepared for change in any form it may take.
Try this: it’s a very simple assessment that helps you quickly gauge the ability of your organization to keep up with, and stay ahead of, industry change.
If your company’s internal capacity to change is lower than the industry’s speed of change, it’s time to evaluate inside the walls and develop a plan to strengthen the organization’s internal capacity to change. If your capacity to change is better than the industry’s, congratulations: you have the opportunity to dominate.
(I would also suggest having members of your leadership complete the assessment. In the end, the value is the discussion --- and this may lead to some very interesting discussions.)
Creating an ongoing engine of change is the best way to ensure longer-term growth and innovation. The organizational capacity to change, pivot, adjust, and execute will allow you to respond to and anticipate anything that comes at you.
As leaders, there are three key areas of focus to help bridge the gap:
Average will not change the world. Creating new ways to compete and lead in your industry (and truly in any industry) requires change. The times, they are a-changin’ --- and it’s time to harness the power of change to break the status quo and lead your organization to transformation and growth.