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An Opportunity for Real
Change: Three Steps You Can Take Now1
by Dr. Art Murray and Jeff
Lesher
Today’s economic
climate – however distressing – has
confirmed that traditional business models are unsustainable and no
longer work. They don’t work because they're too slow and impede the
flow of knowledge – the exact opposite of what is needed to succeed in a
turbulent, high-risk economy.
In the
Enterprise of the Future, we are forming new business models
that allow organizations to learn and innovate at a rate equal to or
faster than the speed of change in the market. It’s like having Jedi
reflexes when everyone else is still trying to figure out what’s going
on.
While there is
very little we can do about the global situation as a whole, we can use
it as an opportunity to pause and reflect on how our own organizations
operate. Now is the time to introduce some serious
changes and reboot, not merely engage in frantic activity.
Outlined below
are three specific transformations we’ve studied, implemented,
and recommend for you to get started. There are many more
transformations and much more work needed to sustain your success.
However, these initial steps will allow you to introduce new ways of
doing business that will help propel you forward. We’ve laid them out
in a sequence that works well for many organizations, but we don’t
prescribe one “right” way.
Whichever one you pick, roll
it out and hammer it home. Don't stop until the transformation is
complete.
Then pick another and repeat. Resist all temptation
(including the usual Luddite rebellions) to revert back to the safety
and comfort of the old ways. It should be obvious by now there is
no safety in repeating past mistakes and even less comfort in the
inevitable failure of doing the same things and expecting different
results. When the economy recovers – and recover it will – you will be
well-positioned to move ahead of the pack if you invest the effort now
in adapting your organization to the future that's already upon us.
Transformation
#1
–
Make the move from hierarchies to networks once and for
all
Transformation
#2
–
Make the cultural shift from silos and knowledge hoarding
to openness and knowledge sharing
Transformation
#3
–
Shift your performance focus from profits to
value creation
More...
1Portions
of this article were taken from various editions of KMWorld’s monthly
feature:
The Future of the Future
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KMWorld monthly series:
The Future of the Future
The
Virtual Workplace Is a "Must," Not a "Should"
Are
You Ready For the Coming Knowledge Cloud?
Report
From the Trenches: Progress and Challenges
Making
the Leap from the Desktop to Virtual Space
Core
Values Steady the Course in a Volatile World
Building
the University of the Future Today
An Opportunity For Real Change
(Part I)
An Opportunity For Real Change
(Part II)
The Rise of the Knowledge Librarian
Knowledge Cities Rise From the Desert Sands
Incubating the Next-Generation Enterprise
What Life Will Be Like, Starting Today
Enterprise of the Future Update: Report from the
Trenches
Goodbye, Knowledge Worker... Hello, Knowledge
Entrepreneur
Government as a Knowledge Enterprise
Boundary-less Living, Working and Learning
A Billion-Mind Economy
Overcoming Resistance to Change
Breaking the Lessons-Learned Barrier
Breaking Free of the Technology Trap
Building the Enterprise of the Future Means No
More Secrets
more...
Have fun
browsing a Conceptual
Map of 2008 articles - powered by
TheBrain®
Human Capital
Series:
"Selection with Good Manners"
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