The Gartner Talent Angle SPOTLIGHT: Looking Beyond Past Successes With Ram Charan
Jun 28, 2022
Ram Charan, a renowned business advisor and author of 'The Phoenix Encounter Method,' shares innovative leadership strategies for navigating modern business challenges. He discusses adapting to disruptions in technology and consumer behavior, emphasizing the need for a customer-centric approach. Charan advocates for diverse teams and constant innovation to remain competitive. He underscores the transformative impact of technologies on business models and urges leaders to embrace change as a catalyst for growth.
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Urgency of Challenging Assumptions
- Every business today faces urgent disruption and must challenge assumptions about the future.
- Leaders who fail to rethink their business risk rapid obsolescence or failure.
Use Reflection to Drive Change
- Leaders must continuously scan their environment and reflect on what is changing and who is driving that change.
- Putting your business 'in the mirror' against these changes enables new approaches and behaviors to thrive.
Bookstores Miss Digital Disruption
- Borders and Barnes & Noble ignored the rise of Amazon and digitization, leading to their decline.
- Their frozen mindset blinded them to the disruptor reshaping the market.
