#PARADIGM SHIFT EXAMPLES IN BUSINESS HOW TO#
#PARADIGM SHIFT EXAMPLES IN BUSINESS MOVIE#

If you value your employees as human beings, then you're already a step above many managers. Micromanagement will be your world, and your business will fail.Įngagement between staff and leadership is essential. You’ll become obsessed with revenue, focus too strongly on analytics, and maybe even talk about an open-door policy that does not exist. When you feel all-powerful as a leader, you cut off any healthy line of communication with your employees, who will most definitely not respect you. Here’s the bottom line for old-school style bosses: Lose the crown.

#PARADIGM SHIFT EXAMPLES IN BUSINESS HOW TO#

“Lifetime learning, monitoring employee anxiety and determining how to manage post-pandemic dispersed resources are new territory for most firms.” “Automation is proving to be necessary for organizations to tackle post-pandemic economic challenges but requires an employee-sensitive approach,” the study says. The winners today are companies like Zoom, Spotify and Shipt - companies that adjusted to how people operate before they even knew they could operate that way.Ĭompany leaders can no longer get away with ruling the office with an iron fist, mostly because the traditional physical office is a relic of the past due to the pandemic.Ī Forrester study found the following shifts: Accelerated digital transformations have created a surge in automation investment - which has actually elevated the need for a people-centric workforce. Ultimately, measuring and relying on analytics to stay on top means nothing unless you’ve developed a deep understanding of your consumers’ ever-changing needs. This was the mistake made by Blockbuster and, later, BlackBerry in the face of the iPhone. Resisting cultural changes is a death knell for brands, but so many want to stay within the cultural norms that made them successful in the past.

Food delivery companies like Shipt and DoorDash not only survived but thrived during the pandemic because they responded quickly to new needs and offered new services that did not exist before. Zoom is the obvious example of a company that had to and did a 180-degree shift when consumers found themselves working from home. Within the framework of the pandemic, we’ve seen how being nimble is vital. Unfortunately, his correct instincts fell on deaf ears, and the company folded.īrands like Google, Domino's Pizza and Amazon have remained perennial most-trusted companies due to their ability to shift to where their customers are in the moment.

#PARADIGM SHIFT EXAMPLES IN BUSINESS MOVIE#

Blockbuster, a once-successful movie rental retail chain, had a chance back in the 2000s to grow with the times when then-CEO John Antico recognized that his company should invest in a digital platform to compete with Netflix and regain the trust of their loyal customers.

Paradigm shift examples in business