The coronavirus crisis is a huge challenge – and raises an enormous question—for organizations. For one, will cross-functional virtual collaboration between employees and departments be sufficient for the enterprise to survive all of the necessary changes?
Research shows that 52 percent of companies in the Fortune 500 have either gone bankrupt, been acquired, or ceased to exist as a result of digital disruption since 2000. The collision of the physical and digital worlds has affected every dimension of society, commerce, enterprises, and individuals. Organizations need to change radically in order to keep up with the pace of fast-moving startups. Continue reading