Even before the advent of COVID-19, disruption proved a constant threat to most businesses. In fact, Accenture research shows most executives feel the pace of disruption has increased over the past three years. And a full 93 percent say their company’s very existence is jeopardized by operating models that can’t keep pace.
With the COVID-19 crisis, we know that this is no ordinary economic downturn: fundamental changes in consumer behavior, supply chains, and routes to market are knocking companies off balance. While some shifts are temporary, other things will never be the same: The new normal will be “never normal”. Leaders need to accelerate the adoption of agile ways of working and value chain transformation to help outmaneuver uncertainty and outperform those less prepared. The right actions NOW can position those companies to succeed NEXT and adapt in the NEVER NORMAL.
Becoming an Intelligent Enterprise means shifting from top-down decision-making. Empowering teams guided by purpose. Driven by data and powered by technology. Enabled by cloud for faster speed to market. It calls for razing rigid structures that emphasize territory and control. And creating a porous organization with modules that plug and play. The Intelligent Enterprise is capable of dynamic self-management and continual adaptation. It is built for agility, resiliency and growth.