McKinsey & Company predicted the “next normal” of organizations that will follow the COVID-19 crisis. Below is a summary of predictions that range from minor to drastic degrees of change:
Implications:
- Determine the appropriate degree of change required by your organization to successfully achieve its business challenge.
- Align your organization configuration to enable the ideal degree of change.
- Consider a bifurcation of organization configurations
- A minimum change oriented organization to deliver a steady stream of revenue and profit
- A drastic change focused organization to identify and deliver new revenue streams
SOURCE: McKinsey & Company, COVID-19: Briefing Materials. April 3, 2020. FULL REPORT
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