COVID-19 forced companies to become faster. Now it’s time to make that newfound speed permanent.
When the coronavirus pandemic hit, the most successful business leaders were those who redeployed talent, launched new business models, improved productivity, developed new products and shifted operations. Like at the engineering company which designed and manufactured ventilators within a week, good leadership has been about making good decisions at record speed.
Writing for McKinsey & Company, Aaron De Smet, Daniel Pacthod, Charlotte Relyea and Bob Sternfels say it’s now time to switch from the “adrenalin-based” speed of the coronavirus pandemic to “speed-by-design”.