- Innovation teams are tasked with the responsibility of ensuring that their organizations are in the best position to succeed while the world is in a period of turmoil, chaos, and uncertainty.
- CIOs have been expected to help the organization transition to remote work and collaboration instantaneously.
- CEOs are under pressure to redesign, and in some cases reinvent, their business model to cope with and compete in a new normal.
Our Advice
Critical Insight
It is easy to get swept up during a crisis and cling to past notions of normal. Unfortunately, there is no controlling the fact that things have changed fundamentally, and it is now incumbent upon you to help your organization adapt and evolve. Treat this as an opportunity because that is precisely what this is.
Impact and Result
There are some lessons we can learn from innovators who have succeeded through past crises and from those who are succeeding now.
There are a number of tactics an innovation team can employ to help their business evolve during this time:
- Double down on digital transformation (DX)
- Establish a foresight capability
- Become a platform for good