Reinventing process

I think he did it again, Kjell A Nordström, he managed to inspire business leaders in the Polo Position Day 2009. After The books Funky business and Karaoke capitalism, which are described as a "manifesto of what our time requires from business firms and their leaders", became an international best-seller and has to date been translated into 33 languages.


http://www.polepositionday.nu/program/index.html

Leading age technology in 21st century is an absolute necessity for any company but it’s not the key success factor for companies. In general this applies to all companies from banks, to car manufactures to mobile device manufactures. The leading age technology is necessary for any companies’ survival but it doesn’t create the temporary monopole. What do the companies do next, they ask McKinsey for help. McKinsey will analyze the problem for months and the final conclusions is that your company need a major reorganization and you need outsourcing, in sourcing, downsizing, rightsizing and you know the rest, you have seen it so many times and you have all been there don that. Back in days this was a powerful way to do change but now these types of help are available everywhere and to everyone without help of McKinsey.

So what do we do now? We are now in an age where we don’t have competition in a way that we once knew; there is only a reinventing process and renewal change management that can create leading innovation. iPhone was amazing but now Apple needs to reinvent themselves, it has been more then 2 years and the competition is catching up with all the major device manufactures offering almost the same technology soon or later. This is a major challenge for companies like Apple but they have managed to find a way to create an organization where change is part of the day to day business.