Few companies or organizations are looking to fail when they plot a new strategy. However, turning a blind eye to the possibility that a strategy may fail can have disastrous consequences. According to Rita McGrath, a professor at Columbia Business School and leading expert on strategy and disruption, there is an “intelligent way of failing” that can leave organizations stronger.
The country’s lumbering growth in the wake of the financial recession has been blamed on a number of macro-economic trends, but corporate risk-aversion has played a role too.
The 2016 campaign season has been defined in part by a breakdown in longstanding party coalitions, leaving an unusually large percentage of the electorate either unsure of how to vote or determined to stay home.