New business building – growth and innovation in a volatile era

Crowdsource Innovation After three years of economic and social disruption, we may have entered a new business era dictated by radical changes and systemic challenges. Those that succeed in a consistently tumultuous environment will be those who move into and create new growth opportunities and new businesses. Every sector is ripe for new business building and those fuelled by innovation and backed by insights will likely be the ones who are the most successful. In volatile times, many organizations constrict, cut and generally hunker down to make it through unpredictable economic periods. Given the past three years of continuous economic and social disruption, we may have entered a new business era dictated by radical changes and systemic challenges. In this new environment, efficiency measures alone won’t help businesses survive or grow. Those that succeed in a consistently tumultuous environment will be those that boldly move into – and create – new growth opportunities and new businesses. The winners will be those who have heard the saying “what got you here won’t get you there” (thank you, Marshall Goldsmith ) and will leverage and change their organizations to actually get there. Established companies that create successful new ventures have the […]

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