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Fast pace change:
Opportunity or threat?
Sunil Mundra
Principal Consultant-Advisory, Thoughtworks
© 2021 Sunil Mundra. All rights reserved.
©ThoughtWorks 2018 Commercial in Confidence
©ThoughtWorks 2018 Commercial in Confidence
“We did not do
anything wrong, but
somehow, we lost.”
- Stephen Elop,
Ex-CEO, Nokia
©ThoughtWorks 2018 Commercial in Confidence
©ThoughtWorks 2018 Commercial in Confidence
We are in an era, where no
enterprise, regardless of size
and age, can take its survival
for granted
Right now, your company has
21st century Internet enabled
business processes, mid 20th
century management
processes, all built at 19th
century management
principles.
- Gary Hamel, American Management Expert
7
Fast paced change:
Opportunity or threat?
It depends…..
©ThoughtWorks 2018 Commercial in Confidence
11
Characteristic
Enterprises struggling
with change
Enterprises thriving on
change
Primary motive Profit Purpose
Structure Hierarchy Flexible networks
Ways of working Process driven People driven
Leadership style Directive Empowering
Team organization By roles/skills By outcomes
Primary outcome Efficiency Value
Role of technology Tactical Strategic
Governance Compliance driven Value driven
©ThoughtWorks 2018 Commercial in Confidence
To thrive on change,
an enterprise needs….
©ThoughtWorks 2018 Commercial in Confidence Photo: Alexei-scutari
Agility
©ThoughtWorks 2018 Commercial in Confidence
Agility is ability to…..
14
Sense
Adapt
Respond
©ThoughtWorks 2018 Commercial in Confidence
Photo: Rodolfo Clix
©ThoughtWorks 2018 Commercial in Confidence
Impact of change
Disruptive innovations
©ThoughtWorks 2018 Commercial in Confidence
Impact of change
Breakdown of
traditional entry barriers
©ThoughtWorks 2018 Commercial in Confidence
Impact of change
Automation
©ThoughtWorks 2018 Commercial in Confidence
Impact of change
Demanding customers
©ThoughtWorks 2018 Commercial in Confidence
Impact of change
Demanding employees
©ThoughtWorks 2018 Commercial in Confidence
21
Photo: Jimmy-chang
©ThoughtWorks 2018 Commercial in Confidence
22
Photo: Rawpixel
©ThoughtWorks 2018 Commercial in Confidence
Implications -Organization
Model as a
living system
©ThoughtWorks 2018 Commercial in Confidence
Implications-Organization
Link work to
purpose
©ThoughtWorks 2018 Commercial in Confidence
Implications-Organization
Shorten the
feedback loops
©ThoughtWorks 2018 Commercial in Confidence
Implications-Organization
Strive for
customer intimacy
©ThoughtWorks 2018 Commercial in Confidence
Implications-Organization
Leverage risk
©ThoughtWorks 2018 Commercial in Confidence
Photo: Rawpixel
©ThoughtWorks 2018 Commercial in Confidence
Implications-Leadership
29
Embrace VUCA
©ThoughtWorks 2018 Commercial in Confidence
Implications-Leadership
30
Focus on
value driven outcomes
©ThoughtWorks 2018 Commercial in Confidence
Implications-Leadership
31
Empower & trust
people
©ThoughtWorks 2018 Commercial in Confidence
Make tech
the core of strategy
Implications-Leadership
32
©ThoughtWorks 2018 Commercial in Confidence
Implications-Leadership
33
Engage with
the ecosystem
©ThoughtWorks 2018 Commercial in Confidence
Photo: Joseph-akbrud
Fast paced change:
Opportunity or threat?
Ignoring change is
NOT an option
©ThoughtWorks 2018 Commercial in Confidence
37
Photo: Filipe-dos-santos-mendes
Change = Opportunity
Embrace it!
©ThoughtWorks 2018 Commercial in Confidence
sunilrm@thoughtworks.com
www.in.linkedin.com/sunilmundra
Twitter: @sunil_mundra
Thank You

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