Friday, February 01, 2008

Organizational Challenges

“McKinsey Global Survey: Organizational challenges of global trends”

  • Executives are grappling with a wide range of organizational challenges created by new economic and social patterns.

  • The respondents say that intensifying competition for talent, shifting centers of economic activity, and increased technological connectivity are the most important trends for their companies. Moving quickly and dealing with regional diversity are two of the most common concerns.

  • Two-thirds of the executives say that their companies aren’t sure of the right organizational response to emerging global trends — but the vast majority believe that responding effectively is critical for competitive advantage.

View: McKinsey Quarterly: Global Trends Survey