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Sunil Mundra: Fаst-paced Change-Threat Or Opportunity?

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Sunil Mundra: Fаst-paced Change-Threat Or Opportunity?

  1. 1. Fast pace change: Opportunity or threat? Sunil Mundra Principal Consultant-Advisory, Thoughtworks © 2021 Sunil Mundra. All rights reserved.
  2. 2. ©ThoughtWorks 2018 Commercial in Confidence
  3. 3. ©ThoughtWorks 2018 Commercial in Confidence “We did not do anything wrong, but somehow, we lost.” - Stephen Elop, Ex-CEO, Nokia
  4. 4. ©ThoughtWorks 2018 Commercial in Confidence
  5. 5. ©ThoughtWorks 2018 Commercial in Confidence We are in an era, where no enterprise, regardless of size and age, can take its survival for granted
  6. 6. Right now, your company has 21st century Internet enabled business processes, mid 20th century management processes, all built at 19th century management principles. - Gary Hamel, American Management Expert
  7. 7. 7
  8. 8. Fast paced change: Opportunity or threat?
  9. 9. It depends…..
  10. 10. ©ThoughtWorks 2018 Commercial in Confidence 11 Characteristic Enterprises struggling with change Enterprises thriving on change Primary motive Profit Purpose Structure Hierarchy Flexible networks Ways of working Process driven People driven Leadership style Directive Empowering Team organization By roles/skills By outcomes Primary outcome Efficiency Value Role of technology Tactical Strategic Governance Compliance driven Value driven
  11. 11. ©ThoughtWorks 2018 Commercial in Confidence To thrive on change, an enterprise needs….
  12. 12. ©ThoughtWorks 2018 Commercial in Confidence Photo: Alexei-scutari Agility
  13. 13. ©ThoughtWorks 2018 Commercial in Confidence Agility is ability to….. 14 Sense Adapt Respond
  14. 14. ©ThoughtWorks 2018 Commercial in Confidence Photo: Rodolfo Clix
  15. 15. ©ThoughtWorks 2018 Commercial in Confidence Impact of change Disruptive innovations
  16. 16. ©ThoughtWorks 2018 Commercial in Confidence Impact of change Breakdown of traditional entry barriers
  17. 17. ©ThoughtWorks 2018 Commercial in Confidence Impact of change Automation
  18. 18. ©ThoughtWorks 2018 Commercial in Confidence Impact of change Demanding customers
  19. 19. ©ThoughtWorks 2018 Commercial in Confidence Impact of change Demanding employees
  20. 20. ©ThoughtWorks 2018 Commercial in Confidence 21 Photo: Jimmy-chang
  21. 21. ©ThoughtWorks 2018 Commercial in Confidence 22 Photo: Rawpixel
  22. 22. ©ThoughtWorks 2018 Commercial in Confidence Implications -Organization Model as a living system
  23. 23. ©ThoughtWorks 2018 Commercial in Confidence Implications-Organization Link work to purpose
  24. 24. ©ThoughtWorks 2018 Commercial in Confidence Implications-Organization Shorten the feedback loops
  25. 25. ©ThoughtWorks 2018 Commercial in Confidence Implications-Organization Strive for customer intimacy
  26. 26. ©ThoughtWorks 2018 Commercial in Confidence Implications-Organization Leverage risk
  27. 27. ©ThoughtWorks 2018 Commercial in Confidence Photo: Rawpixel
  28. 28. ©ThoughtWorks 2018 Commercial in Confidence Implications-Leadership 29 Embrace VUCA
  29. 29. ©ThoughtWorks 2018 Commercial in Confidence Implications-Leadership 30 Focus on value driven outcomes
  30. 30. ©ThoughtWorks 2018 Commercial in Confidence Implications-Leadership 31 Empower & trust people
  31. 31. ©ThoughtWorks 2018 Commercial in Confidence Make tech the core of strategy Implications-Leadership 32
  32. 32. ©ThoughtWorks 2018 Commercial in Confidence Implications-Leadership 33 Engage with the ecosystem
  33. 33. ©ThoughtWorks 2018 Commercial in Confidence Photo: Joseph-akbrud
  34. 34. Fast paced change: Opportunity or threat?
  35. 35. Ignoring change is NOT an option
  36. 36. ©ThoughtWorks 2018 Commercial in Confidence 37 Photo: Filipe-dos-santos-mendes Change = Opportunity Embrace it!
  37. 37. ©ThoughtWorks 2018 Commercial in Confidence sunilrm@thoughtworks.com www.in.linkedin.com/sunilmundra Twitter: @sunil_mundra Thank You

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