Read \"The Enduring Skills of Change LeadersPreview the documentView in a new wi

Question

Read "The Enduring Skills of Change LeadersPreview the documentView in a new window" by Rosabeth Moss Kanter. Kanter provided three points that guide organizations that thrive on change. Reflect on how those three points may apply to your firm and your industry.

Do you see more success or failure in modern organizations in terms of exhibiting and persisting in exhibiting Kanter's three qualities that mark organizations adept at change? Why? Make sure to provide illustrations, details and support in your post. The Discussion is an opportunity to test out the clarity of your evidence, experience, details and examples

Explanation / Answer

The three points that drive organizations that thrive on change are:

- The imagination to innovate

- The professionalism to perform

- The openness to collaborate

In the dynamic world of Medical Devices, organizations have to keep introducing new concepts, ideas, models and uses of technology. There is intense pressure from all stakeholders in an extremely competitive environment. Continuous innovation is the order of the day to stay aead of the curve.

Competence is a key driver for success in the Medical Devices industry. The ability to execute, that too rapidly, makes all the difference! This is amplified by the shorter duration of patents and the sensitivity of the industry due to it's direct impact on human lives. More and more demanding customers and stakeholders need to be served flawlessly.

The Medical Devices industry has so many stakeholders that it cannot afford not to collaborate. Both its upstream and downstream supply chains need to be partners in delivering effective patient outcomes. Policy makers, governments, payees, all of them must be in the mode of collaboration so that the organization can respond to changes in the demand scenario.

I definitely see more success in modern organizations in terms of exhibiting Kanter's three qualities that mark organizations adept at change. Innovation is now steeped in many organizations and part of its culture. There is also a growing tendency of smaller firms being taken over even before their innovations generate the kind of returns that were exected earlier. With rapid strides in every field, especially technology, the competence of organizations is ever increasing. So, the ability to perform is on a trajectory towards unscaled heights. Organizations are also more open to collaboration and have the mechanisms of doing so effectively. No firm can operate in isolation any longer.

Some of the key drivers for the success lie in the fact that organizations now thrive in very dynamic environments. They have got used to dealing with change compared to, say 50 years back. Another key factor is the flattening of the world. This provides organizations with a lot more innovative ideas, capabilities and collaboration opportunities.

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