Management has never been plain sailing. In every era, it faces a new set of challenges. The COVID-19 crisis has amplified and accelerated major shifts that were already underway, transforming the way businesses function. It has also highlighted how ignoring uncertainty is no longer an option for organizations. When faced with the extreme uncertainty brought on by the crisis, some firms were seized with paralysis. Others, by applying various degrees of agility, were able to ride it out – and in the process, prepare for new growth.
In their new book, Resetting Management, IMD professor Stéphane J.G. Girod and research associate Martin Králik set out a compelling case for why business agility now matters more than ever. Going beyond the buzzwords, they show how agility can release a new level of energy, innovation and entrepreneurship that will enable organizations to respond to disruption better. However, rather than advocate a formulaic approach whereby all organizations default to agile methods, they outline the paths towards calibrating the right type and degree of agility for every company’s unique circumstances.
Featuring case studies from some of the world’s leading companies and illustrating how they have successfully, and less successfully, transformed for greater agility – including Lego, General Electric, LMVH and ING – the authors provide leaders with the tools to master a transformation journey.
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This is the most comprehensive guide to business agility available, full of deep insights into the challenges and tensions involved, and with practical take-aways for leaders and managers everywhere.
Girod and Králik have cracked the code on how to prosper in an increasingly unpredictable future. The true Management 4.0 playbook for competitive advantage in the 4th Industrial Revolution.
The book is filled with inspirational examples of companies following different paths towards agility as well as practical models to help us analyze our own company to select the best path forward.
How can we color in the full rainbow of agile methods across an organization, instead of restricting ourselves to a limited color palette?
This was one of the questions posed and answered by Professor Stéphane J.G.…