Organizations around the world are being forced to change the way they do business. Shrinking budgets, downsized workforces, customers who exhibit totally new buying behaviors and expectations, and employees who may be unclear of what’s happening next are forcing organizations large and small to innovate and find new ways to save–and make– money while rallying their troops for what lies ahead.
There are key things that organizations and leaders can do to thrive in the new business reality.
The first requires a shift in mind-set.
The second requires creating a culture that supports the shift.
The third is creating the capacity for change.
And, fourth, is to cultivate the kind of leadership that can walk the talk of the culture and develop talent to its fullest.