In a recent study conducted, it emerged that half of today’s top-level executives believe that their list of competitors will undergo a major change over the next five years. This is because a number of established firms are and will further not be able to deal with the constant stream of changes that characterizes the ongoing digital age. Today the biggest of companies want to avoid the pitfalls of exactly that- becoming big. Those established companies that have managed to remain agile and nimble have what can be categorized as the Founder’s Mentality. Such companies have three key characteristics. First of all, they believe in insurgency, waging war to benefit customers. They have a frontline obsession, empowering the customer-facing employees at decision-making as they are the ones best positioned to gauge authentic business intelligence. The employees across the board here possess an owner’s mindset, averse to bureaucratic processes. At such organizations two kinds of micro-battles are necessary. The first is between individual teams, each with specific battles. The other one is about the executive leadership team, with each member engrossed in multiple battles. The results of this churn can only be beneficial to any business.

Source:https://www.bain.com/insights/insurgency-from-the-inside

Uploaded Date:26 September 2018