Is your organization suffering from inertia?
Success can breed complacency. If your organization has grown and entered the sphere of established incumbents, you should beware of inertia....
Author
Thomas W. Malnight
Thomas W Malnight is Professor Emeritus of Strategy and General Management. His fields of interest are strategy, leading and accelerating transformational organizational change, and the role of purpose in redefining businesses and their impact on society.Â
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Do you share the mindset of organizations that know how to survive?
We studied companies that have enjoyed longevity of more than 50 years to understand what they do differently. Those that experience healthy long lives demonstrate what we call strategic incumbency. ...
Is your company falling in to these traps when crafting strategy?
Businesses large and small pour tons of time and resources into crafting smart strategies each year. Your strategy, after all, is the ultimate roadmap for success. But many companies still fail to...