How to Thrive in the 2020s
The keys to success in the new decade will be different from those of the past.
These trends challenge traditional managerial capabilities:
LEARNING - companies need to increase their rate of organizational learning, focusing more on discovery and adaptation than on forecasting and planning
ECOSYSTEMS - increasingly, competition won't be between among companies, but among ecosystems, complex networks of companies that challenge traditional business assumptions
DIGITAL-PHYSICAL - new opportunities will come increasingly from digitizing the physical world, enabled by the rapid development and penetration of AI and the IoT
VITALITY - companies can't rely solely on exploiting existing business models; vitality (the capacity to generate new ideas and continuously reinvent the business) will be an essential attribute
RESILIENCE - business leaders will need to consider the broader context (economic, social, political and ecological) in order to endure in the face of unanticipated shocks
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