Disruptive change presents remarkable opportunities to take a business to another level. Conversely, it can be a sign of the beginning of the end if a timely reaction doesn’t follow. Whichever side of the change curve management and the board of directors find themselves, disruptive change itself cannot be taken lightly.
In business environments exposed to disruptive change, adaptive processes are needed to alter underlying assumptions quickly to reflect the newly changed circumstances. This issue of Board Perspectives: Risk Oversight looks at why the ability to recognize the vital signs of change and act on them decisively is essential to the business.