As the world, society, and technology are constantly evolving – and the frequency and impact of changes increases – the economy and businesses need to change the way they think and act, too.
You need to speed up your capacity to react, move forward, and stay ahead of competitors – otherwise you’ll get left behind. Long lasting business models that worked for centuries are now put to the test.
Is your business model able to cope with these challenges? Is it flexible and adaptive enough?
The silver lining: There are not only challenges out there – new opportunities are emerging as well, empowered by this new mindset and advanced technologies.
Is your business able to leverage these opportunities?
It’s a good idea to open the focus of your business and search for ways to gain new skills and abilities. All with the goal of coping with challenges and leveraging these opportunities. One key element of an intelligent enterprise is opening up perspectives – especially across the silos of your company.
Think about how to enrich your products by additional services or how changing to an “as a service” business model could be more adaptive for your customer requirements. Because it is definitively about changing perspectives: Maybe thinking from the perspective of a start-up might reveal where your long-term business model could become vulnerable, e.g. by a new platform provider. To do so, you evolve projects from a small scale up to large scale while constantly measuring, challenging, and adjusting the success – just like start-ups do.
Asking the right questions to get to the right answers is the core concept of the intelligent enterprise and that’s what sets it apart from other enterprises.
Start to ask yourself the right questions