HBR IdeaCast

Why Some Companies Thrived During the Pandemic

24 snips
Feb 22, 2022
Keith Ferrazzi, founder of Ferrazzi Greenlight and author of 'Competing in the New World of Work,' shares insights from a survey of over 2,000 executives on how organizations adapted during the pandemic. He discusses the concept of 'radical adaptability' and its role in fostering resilience. Ferrazzi highlights the shift to hybrid work environments and the importance of decentralized decision-making. Key strategies for remaining agile and competitive post-COVID are offered, emphasizing ongoing adaptability in today’s workforce landscape.
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INSIGHT

Radical Adaptability

  • Radical adaptability is crucial in today's volatile business world, going beyond occasional agility.
  • The pandemic forced crisis agility, demanding daily adaptation and innovation.
ANECDOTE

Research Methodology

  • Research involving 2,000 executives identified best practices for thriving during the pandemic.
  • These practices, aggregated and tested, form the methodology of radical adaptability.
ADVICE

Team Resilience

  • Treat resilience as a team sport, not an individual trait.
  • Conduct monthly energy checks to gauge team morale and address individual struggles.
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