The COVID-19 pandemic forced companies to move quickly to shift to remote working, reimagine how they serve customers, build new business models, enhance technology capabilities, assemble multi-disciplinary teams and expand partnerships and alliances in ways they never thought possible. Now, companies need to figure out how to keep that momentum and maintain the speed and agility they gained in a world shaped by changing customer demands and ongoing economic uncertainty.
At the heart of the issue for many companies is an outdated operating model that is too big and too slow to respond to major market and competitive changes. According to Accenture research, 85% of C-level executives say they are not very confident that their operating model can meet shifting strategic priorities. Companies need operating models that propel new strategies aimed at boosting growth and innovation. Our research also shows that the long-term EBITDA growth for truly agile organizations is 16%, compared with 6% on average for non-agile organizations.
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Source: News