MANAGING in the

NEW WORLD

A major challenge befalling players at several industries now is developing sustainable high performing units. For this three things matter the most. They are- present performance, long term corporate strategy and industry situation. For agricultural commodity makers, keeping prices low is critical while for the software industry, it is pertinent that innovations are designed to ease clients’ work. Beyond the alignment, the company must also be able to execute its strategy effectively. It needs to be adaptable to constant changes or disruptions. The company must also have the perseverance to see out its plans. At Ford for example, only the core brands remained a part, all other investments or divisions like Aston Martin and Jaguar got divested off. Haier is one Company that has staved off every disruption thrown at it, growing with each such challenge.

Source:http://www.bain.com/publications/articles/building-your-own-high-performance-organization.aspx

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