John Kotter discusses the need for organizations to adapt to a faster-paced world. He explains how organizations naturally evolve and the challenges they face. He proposes a solution that combines reliability, efficiency, agility, and entrepreneurship. Only a small percentage of organizations have successfully implemented this approach. However, change is possible and now is the time to take action.
Here are the key insights from this video:
π Organizations are facing increasing threats and opportunities in a fast-paced world. They need to adapt to survive and thrive.
π As organizations grow, they tend to become more hierarchical, which can hinder agility and innovation.
β© Traditional methods of strategic planning and adding committees become ineffective in a rapidly changing environment.
π Going back to the entrepreneurial roots and growing it organically can create a reliable, efficient, fast, and agile organization.
π Only a small percentage of organizations have successfully implemented this approach, highlighting the challenges of change.
β° The time to create the necessary change is now, as organizations cannot afford to delay adaptation in a fast-moving world.
Feel free to share your thoughts after watching the video β letβs continue the conversation!