The global business environment is witnessing dramatic and rapid change. Between 2007 and 2017, more than half of S&P 500 firms were overtaken and knocked out by newcomers. In a new report, Business Sweden suggests that tomorrow’s market leaders will be agile network orchestrators, who create value by expertly identifying, accessing and combining external capabilities. In particular, companies will need to adopt a network organisation, create engaging narratives to access relevant stakeholders, invest in coordination capacity and govern critical information flows.
A study, conducted by Business Sweden, of the 30 largest Swedish exporter shows that only a handful of them have invested in network-based organisational models. In consequence, we think that many Swedish companies stand largely unprepared for the challenges ahead.
With China and India expected to jointly contribute to 35% of global output in 2050 – can you afford not to adapt your organisation and strategy?