10 Shifts I have Seen in The Last Decades
The world has become more connected, unpredictable, and fast-paced. Many assumptions, methods, and business models can no longer hold.
Here is a list of shifts I have been seeing or experiencing.
Here is a list of shifts I have been seeing or experiencing.
1. Purpose over strategy
There is a shift towards a focus on purpose or mission.
Purpose acts as an anchor in the face of change and an uncertain, fast-paced, and connected world. A great mission or purpose attracts talents.
Many companies have had to pivot and change their strategies and business models as technology advances and customers’ wants and needs evolve and still find success. The reason is they have always led with purpose. Think of Disney and Netflix as excellent examples.
2. Speed over scale
3. Access over ownership
4. Experiments/bets over fixed plan
5. Effectiveness over efficiency
There is no point in automating a process that serves the wrong goal. I have seen this countless times in my previous incarnations.
6. Staff On-Demand over full-time hiring
7. Small over big
That also seems to be the case for countries; smaller countries like Singapore or Finland are among the best governed globally. It could just be a correlation.
I found it true for food as well.
8. Autonomy over control
In a world that requires real-time customer support, responsiveness is key. Autonomy empowers teams to be responsive to the changing demands of customers. Autonomy shortens the decision-making process.
9. Work-from-anywhere over work-from-office
Working from anywhere is a competitive advantage to attract talent. Organizations that are not embarrassing this shift are losing or will lose.
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