Welcome to the end of business as you know it.
Enterprises are being brutally disrupted by new technologies improving at an exponential pace. These technologies will fundamentally change how firms work. The traditional pyramid organization is too slow, too expensive and too inflexible. Leaders who fail to adapt will find themselves outmatched by competitors who do. They will also face aggressively funded startups that are not hampered by legacy technologies, assets and business models.
We refer to this new era as the Post-Lean Future, because the steady continuous improvement advocated by Traditional Lean is no longer sufficient. With employee tenures growing shorter, developing people is also becoming more difficult. When organizations evolve more slowly than the pace needed by its people to remain competitive in the labor market, they will lose their best people.
The good news is that radical – but practical – strategies can turn these threats into great new opportunities for innovation and value creation.