This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2020/04/23/making-your-organization-primed-for-future-success/
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by Ryan Gottfredson, PhD., author of “Success Mindsets: Your Keys to Unlocking Greater Success in Your Life, Work, & Leadership“
In 2013, Microsoft was not primed for future success. For the prior 13 years, their market capitalization and stock price stayed stagnate at around $250 billion and $26, respectively.
This stagnation meant that they were losing ground to their competitor. In fact, many wondered if Microsoft was “dead in the water.”
Since 2014, though, Microsoft has been on a tear, with its market capitalization now at $1.4 trillion, and its stock price at around $175.
I believe we have to consider Microsoft to be much more primed for future success than in 2013.
What has been the difference?
One thing is obvious: a new CEO. During the early part of 2014, Satya Nadella took the helm at Microsoft.
Since then, Nadella’s focus has been on helping Microsoft develop the characteristics of future success.
What Organizational Characteristics Enable Future Success?
Let’s start with this question: What characteristics do organizations have that are going to be obsolete 5, 10, 20 years from now possess today that will hinder their future success?
They include being:
Traditional
Change-resistant
Risk-adverse
Comfort-seeking
Problem-avoiding
What characteristics do organizations have that are going to be highly successful 5, 10, 20 years from now possess today that will help them ensure future success?
They are the opposite. Being:… Read More
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