We are in an era of high volatility and uncertain outcomes,
driven by accelerating technologies, shortened product cycles,
fast-changing information, an increasingly mobile workforce, more
demanding customers, complex financial markets, ad-hoc public
policies, and many other factors that add layers of uncertainty to
all future possibilities. While most believe that good management
requires better prediction of the future and better planning, Gill
Eapen instead contends that the best way to manage effectively in
an uncertain world is through the conscious application of
flexibility an ability to absorb constantly shifting variables and
adapt quickly.
Flexibility: Flexible Companies for the Uncertain World explores
ways in which organizations can systematically enhance their
ability to survive and succeed without the guarantees that come
with certainty. In these pages, Eapen details:
- Specific attributes of status-quo organizations that hinder
their capacity for flexibility in their three primary components:
structure, systems, and strategies
- A tool and process for diagnosing flexibility-related problems
within an organization
- Specific actions companies can take to improve flexibility,
regardless of their size or age
- A case study of a technology company progressively losing
flexibility due to management actions, as well as a detailed
project plan for remedial actions
Based on the author s years of experience working with a variety
of industries, including life sciences, energy, technology,
financial services, and manufacturing, and his expertise in
decision options, Flexibility offers a holistic alternative
approach for managing risk and making the best decisions possible
in these especially uncertain times.
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