Why transformations stall
It's difficult to make sense of the current economy. The ASX
200 is breaking records and availability of capital is driving
record merger and acquisition activity. Meanwhile, Qantas has stood
down 2,500 employees and universities continue to cut costs due to
continued uncertainty around travel and borders.
What has been evident throughout the pandemic is how many
organisations have adapted to the disruption. The burning platform
created by the pandemic quickly removed cultural and workforce
blockers, enabling rapid implementation of transformation plans.
While the pace of transformation throughout the pandemic is
unlikely to be sustained, valuable lessons can be learned that may
prevent old habits returning.