Our senior manager, Jenny Malmqvist, shares her insightful perspective on McKinsey's CEO Priorities 2024, highlighting the imperative for CEOs to transform uncertainty into opportunity, focusing on critical issues like energy transition and technological shifts. Despite the clear goal of building agile organizations, common obstacles persist, including outdated processes and technology legacies. Shifting from a system-centric to an information-centric approach emerges as a key strategy to overcome these challenges and drive innovative solutions. www.ortelius.com- Information Management Experts #Ortelius #Information Management #DigitalTransformation #BusinessStrategy #CEOInsights #InnovationJourney #McKinsey2024 #InformationCentric
Dynamic Executive | Growth Catalyst | Customer-Centric Visionary | Learning and Development
Excited to share key insights from McKinsey's latest CEO priorities for 2024! 🚀 McKinsey paints a picture where CEOs are challenged to turn uncertainty into opportunity, as highlighted in their 2024 annual report. The focus on critical issues like energy transition, technological shifts, and geopolitical uncertainties sets the tone. In essence, the goal is crystal clear: CEOs and management teams must urgently build agile organizations to navigate uncertainty and technological shifts. However, this journey often faces common obstacles like outdated processes, technological legacies, communication gaps, and knowledge disparities, sometimes sprinkled with a touch of personal prestige. Reflecting on a decade in management across different industries, overcoming these hurdles has often felt like a mission impossible. Einstein's wisdom echoes – expecting different results from the same approach is counterproductive. Recently, I uncovered the root cause of repeated unsatisfactory outcomes in past attempts to drive innovation and digital transformation. The villain? Relying on the traditional systems-centric strategic approach for operational growth and flexibility in a fast-changing world where the unexpected is the norm. Whether implementing ERP, CRM, PIM-systems, BI-solutions, marketing automation platforms, launching e-commerce platforms, or adopting payment solutions, expenses often exceeded expectations and overall outcomes. Which led the organizations to adapt and create complex workarounds, often in advanced excel spreadsheets, resulting in further division and rigidity. The system-centric approach induced system and technology fatigue, leaving management teams puzzled about how to plan and act for different results. Now, I recognize that shifting from system-centric to information-centric is a key to solving these challenges and meeting the demand to embrace change as an opportunity. It's time to explore the potential of information-centric perspectives as a core strategic choice, initiating new approaches to drive innovation that truly propels organizations forward! Making the seemingly impossible both possible and comprehensible. #DigitalTransformation #BusinessStrategy #CEOInsights #InnovationJourney #McKinsey2024 #InformationCentric https://lnkd.in/ds9tWXFF
