Thanksgiving was wonderful (thank you for all the great messages!), December is here, and that means one thing and one thing only - it's time to wrap up the amazing, unique, and demanding 2020!
Each week of December we'll work on this task - and today I want to start with data.
For a number of years, my team and I run a Global Reinvention Study, which engages thousands of people around the world.
This year the data is particularly telling, so I want to share 3 most important insights everyone needs to know to understand 2020 - and get ready for a productive 2021.
1: The speed of change is accelerating:
In 2018, out of over 2,000 managers participating, 47% reported that in order to survive, they needed to reinvent their businesses every three years or less. Data from 2020 show that the number has jumped to a whopping 60%.
2. There is a much greater need for reinvention:
In 2018, despite the reported speed of change, not all industries saw reinvention as a strategic priority (as measured on the scale from 0, representing the lowest need with 100 representing a very high need).
Now that you have these numbers in front of you, the real question is: what do you need to do differently to survive AND thrive in this new accelerated 2021?
Share your thinking with our amazing global Reinvention Society, so that we can learn from your experience and get ready for a new year together. Comment under this post - let's reinvent together!