The resilient enterprise : thriving amid uncertainty /

The Covid-19 crisis caused massive disruptions to businesses around the world. Many were caught unprepared by the pandemic, putting some in danger of collapse. But not all were equally affected--some emerged from the crisis in a position of advantage. Research on corporate performance over decades s...

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Bibliographic Details
Group Author: Reeves, Martin; Candelon, François
Published: De Gruyter,
Publisher Address: [Berlin] :
Publication Dates: [2021]
Literature type: Book
Language: English
Series: Inspiring the next game: strategy ideas for forward looking leaders,
Subjects:
Summary: The Covid-19 crisis caused massive disruptions to businesses around the world. Many were caught unprepared by the pandemic, putting some in danger of collapse. But not all were equally affected--some emerged from the crisis in a position of advantage. Research on corporate performance over decades shows that the dispersion between companies consistently increases in times of crisis. In other words, resilience to unexpected shocks has a disproportionate impact on long-term competitive advantage. Furthermore, ongoing trends are making it harder for businesses to sustain success over time. New offerings are being adopted, matched, and made obsolete faster, and competitive advantage is becoming less durable. In order to survive in the long run, businesses must reinvent themselves regularly--doing the same thing over and over will eventually lead to failure. Many business leaders are now expressing an intention to make their companies more resilient, but there is not yet a well-codified playbook for doing so. This book, drawing on research from the BCG Henderson Institute over many years, provides a set of perspectives on how to thrive under adverse conditions and how to reinvent businesses for the changing context. Overcoming both of these challenges is necessary for leaders to build long-lasting companies.
Carrier Form: xiii, 119 pages : illustrations (chiefly color) ; 23 cm.
Bibliography: Includes bibliographical references and index.
ISBN: 9783110745382
3110745380
Index Number: HD41
CLC: C936
Call Number: C936/R433
Contents: Frontmatter --
Acknowledgments --
About the BCG Henderson Institute --
Contents --
Introduction --
Part I: Building Resilience --
Chapter 1 Resilience vs. Efficiency: Calibrating the Trade-off --
Chapter 2 When Resilience is More Important than Efficiency --
Chapter 3 Advantage in Adversity --
Chapter 4 Die Another Day: What Leaders Can Do About the Shrinking Life Expectancy of Corporations --
Part II: Developing Ambidexterity --
Chapter 5 Tomorrow Never Dies: The Art of Staying on Top --
Chapter 6 How Vital Companies Think, Act, and Thrive --
Chapter 7 The 2% Company --
Chapter 8 Ambidexterity: The Art of Thriving in Complex Environments --
Part III: Reinventing Businesses --
Chapter 9 Business Model Innovation --
Chapter 10 Lessons from Mavericks: Staying Big by Acting Small --
Chapter 11 Leaping Before the Platform Burns: The Increasing Necessity of Preemptive Innovation --
Chapter 12 Postmerger Integration Rejuvenation --
Chapter 13 Walking the Tightrope: Successfully Integrating while Transforming --
List of Figures --
Index