Read the latest campus information on coronavirus (COVID-19) here  

Preparing Organizations for Greater Turbulence

by Paul J. H. Schoemaker and George Day

Preparing Organizations for Greater Turbulence

Image Credit | Daoudi Aissa

Vigilant organizations excel at seeing threats and opportunities sooner than their rivals.
  PDF

Abstract

Vigilant organizations excel at seeing looming threats and embryonic opportunities sooner than rivals, which prepares them to act faster when needed. Four drivers distinguish vigilant from vulnerable organizations, which can be used to design a roadmap to improve organizational acuity and preparedness. The fulcrum of these changes rests with the leadership team by demonstrating a strong commitment to vigilance at all levels, and reinforcing this by making targeted investments in foresight capabilities. These strategic moves also need to be supported by corresponding changes in the strategy-making process and by ensuring accountability and coordination of vigilance activities throughout the enterprise.




Recommended




California Management Review

Berkeley-Haas's Premier Management Journal

Published at Berkeley Haas for more than sixty years, California Management Review seeks to share knowledge that challenges convention and shows a better way of doing business.

Learn more
Follow Us