It has long been true that change happens most, maybe only, under duress. High cholesterol eliminates hamburgers, a speeding ticket leads to slower, safer driving and a plummeting share price becomes a problem to be solved by a new CEO. In this way, the lack of change is to be lauded.
Now, though, companies, institutions and others are coming to see change as a way t0 avoid duress. As the corporate world has come to appreciate the value of cultural values that include innovation, openness and transparency, companies missing them in their DNA are trying to evolve before a crisis. (more…)