![]() ![]() Big companies will make multi-billion dollar bets on their future. Preeminent business scholar Peter Drucker once wrote, “Management is doing things right leadership is doing the right things.” In this decade, doing the right things will be more difficult, and more important, than ever. To describe the kind of collective thinking that I believe every executive team must have to move their company ahead capably and confidently, I will use the term “mind-meld,” a phrase that many science fiction fans will be well aware of. I’ll then discuss why the members of a leadership team must be able to merge their mindsets together to produce a company strategy that is coherent and cogent. In the paragraphs below, I’ll explain the shifts in leaders’ mindsets that I believe are necessary to embrace the mandates we’ve laid out in this issue of Perspectives. This article is about why it’s an opportune time for leaders to rethink many of the rules of business we’ve learned in our jobs and at school. But as famous Irish playwright George Bernard Shaw once said, “Progress is impossible without change, and those who cannot change their minds cannot change anything.” ![]() They may appear especially implausible to those who have carved out highly successful careers and yet who now find themselves in businesses that are about to be transformed by the digital revolution. These mandates will challenge the long-standing attitudes and beliefs of many executives. We have explained in this issue of TCS Perspectives that every large global company faces several mandates including: rethinking strategic opportunities in terms of cross-industry digital ecosystems using their core purpose for customers to hone that strategy increasing the productivity and the loyalty of at-home workers and welcoming new roles in the C-suite. ![]()
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