A company’s decision-making dynamic is a critical dimension of both its adaptability to the present and its future success
Across industries, business models are being closely examined as firms fear losing their edge in the marketplace. From all corners of the globe, new players are entering the game and changing the rules. While some firms are making great efforts to ‘tune up’ their practices, the stark reality is that those who fail to find new ways to create value will be left in the dust.
Following are four things companies can do to better harness the insights and creativity of their human capital to make more informed, dynamic advances into the future of value creation.
[This article has been reprinted, with permission, from Rotman Management, the magazine of the University of Toronto's Rotman School of Management]