Does your organization have what it takes to change in a shifting environment?
In a recent article, we explore how two of the most ambitious projects—NASA’s Apollo program and Pfizer’s Lightspeed initiative—were able to defy the odds and achieve unprecedented goals. They did so by fostering the seemingly opposed imperatives of ingenuity and control.
COVID-19 was a powerful force for change (including Project Lightspeed). But how much did you learn from the experience? In a recent article in Harvard Business Review we propose that the key to thriving in a persistently uncertain environment is to systematically institutionalize the lessons of resilience.
We also look at the significance of recent turbulence in the macroeconomy represented by the sudden collapse of SVB. As Philipp Carlsson-Szlezak wrote in Fortune, this leaves the Fed fighting on two fronts—escalating an already complex challenge.
Most corporate change projects fail, but mysteriously, some extremely ambitious projects succeed against all odds. Two such “superprojects,” NASA’s Apollo program and Pfizer’s Lightspeed program to develop a COVID vaccine, offer an important lesson for corporate change leaders: Accept that you need both ingenuity and control, and identify ways for them to co-exist harmoniously. READ MORE →
As the pandemic marks a third anniversary, business leaders around the world are eager to move on. But they shouldn’t abandon the critical lessons they learned from their experience. Thriving under uncertainty is the new normal; organizations can’t merely pursue resilience ad hoc, but instead need to institutionalize it as a repeatable capability. READ MORE →
The collapse of SVB raises a quandary for the Fed, which must continue to fight inflation while making sure that rising rates don’t further undermine financial stability. A recession, which was already an elevated risk but not a certainty, could break this trade-off—and its probability just went up. READ MORE →
We interview Financial Times’ chief economics commentator Martin Wolf about today’s global "democratic recession." When wealth leads to political power or political power to wealth, the system breaks down—opening the door to populism and authoritarianism.
We talk to Nathan Furr and Susannah Harmon Furr about how people and organizations can embrace the discomfort of uncertainty—transforming challenges into opportunities for growth and innovation.
