I’ll spare you the perfunctory context setting about how our globalized economy is moving at a rate of change unimaginable even a decade ago. It’s a given. Business models, product cycle times and even the Fortune 500 had a much longer shelf life in the 20th century than they do today.
To remain competitive – or, dare I say, relevant – organizations must achieve vastly higher levels of strategic agility, or face the foul risk of becoming “Blockbustered.” And by strategic agility I mean the ability to tactically pivot at the drop of a hat, to launch novel initiatives and kill off those that are no longer serving you.
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