1 month, 2 days ago

Coordinating Multiple Pathways for Transformation Progress

Link: https://cisr.mit.edu/publication/2022_0401_MultiplePathways_WoernerWeillDiazBaquero_Audio

Abstract:

In our research, executives we talked with at many large companies noted that a pathway well-suited to one business unit may not work as well for another. In such cases, it makes sense for a company to progress on multiple pathways. There’s a big caveat, though: a company pursuing multiple pathways must coordinate across them or risk increasing complexity and fragmentation, with progress slowing down measurably. In this briefing, we share our research on companies pursuing multiple pathways, and describe the experiences of commercial bank Bancolombia as it progresses on and coordinates across multiple pathways.

Publication date:

Publication type: Audio

Publication authors:
Stephanie L. Woerner
,
Peter Weill
,
Andrea Patricia Diaz Baquero