The term "new normal" started to appear a few years back before the global economic troubles but it has picked up real energy in the past year as many realise that business and organizations will probably never work like they did before the economic meltdown.
I have enclosed a good conversation on the topic that McKinsey recently had with some Chief Strategic Officers from Visa, Boeing and Estee Lauder. What is key to me is the planning cycle mentality moving from annual to quarterly to ongoing, and the flexibility required within organizations to deliver on this new reality and ensure alignment inside the organization can keep up with this new faster pace of planning.
Enjoy the 7 minute video below or click on the link.
www.mckinseyquarterly.com/Strategy/Strategic_Thinking/Navigating_the_new_normal_A_conversation_with_four_chief_strategy_officers_2476
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