The concept of business agility is fundamental across all business functions, not just within the workforce. In this digital age, timelines and opportunities are vastly different than in the past. Business leaders need to respond by deploying resources and efforts accordingly.
A recently published piece by McKinsey talks about the importance of viewing your company as a “portfolio of initiatives at different stages of seeding, nurturing, growing, or pruning,” and offers insight into the fights that leaders must win to ensure their digital strategies don’t fail. According to McKinsey, the four fights include ignorance, fear, guesswork, and diffusion of effort.
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