Зал №19: Mukhtorov Boburmirzo, Jamshid Botirov, Laziz Alimov, Rakhimboyev Begoyim, Atajonov Ilxom

Research insight : Companies score a D in commitment and an F in implementation of reinvention

We asked companies to grade themselves on how committed they are to reinvention, how sufficient are resources allocated to continuous renewal, and how efficient they are when it comes to implementing change initiatives. They did so numerically, from a range of 0 to 100.


If we convert their answers to a standard grade scale used in most US schools, here’s what we discovered:

• 
  When it comes to commitment, people give themselves and their company a grade of D.
  
• 
  If that sounds bad, the grade they gave themselves for both the resources allocated to reinvention and the efficiency of their reinvention implementation is an F.
  

So, what can we learn?

Titanic Syndrome is real — and so is the cure of reinvention. And here’s the deal: You don’t have a choice. Whether you like it or not, in the coming years you and your business will face more change, more disruption, than ever before.

The only choice you have is this: whether you will ignore change, whether you will disregard it in a desperate attempt to hold onto your past — or whether you will use change to turn it into your competitive advantage.

It’s simple.