Answer:

The business environment has changed drastically over the past 5-10 years. Traditional strategies are failing. Markets are created seemingly overnight and die off just as quickly. Over 60% of employees are disengaged, frustrated by their work.Executives are lapsing into passive management practices rather than growth leadership.

Resources are scattered all over the world - suppliers, employees, customers, partners, and technologies. As knowledge doubles every few years and redoubles, technology becomes a great equalizer and divides into even more specialties. This means, each organization must master and integrate more of them faster. The system is no longer simple and larger systems breed greater complexity.

Never before have business leaders faced the amount of technological change, business model change, market change and degree of competitive variation all at the same time.

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