How large
companies can act more like startups.
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About the book
For many years, large incumbent companies have tried to be more like startups... and failed, despite embracing leading business fads. Technology has disrupted traditional business, creating new champions while discarding digital laggards. How can large complex enterprises behave like startups, while maintaining resilience at scale?
To provide a better model, Jeff Kavanaugh and Rafee Tarafdar wrote The Live Enterprise. Live Enterprise transforms legacy systems into agile, digital ecosystems, and evolves with changing market needs and scales to any size. Live Enterprise takes its name from the metaphor of a living organism and shares practical examples from nature that apply to business as well. To be resilient, companies need to continuously evolve and learn, much like nature.
The Live Enterprise delivers four outcomes:
These outcomes are made possible through four ingredients:
Drawing on their own experience at Infosys, hundreds of clients, and years of research, the authors detail how leaders can prepare and respond to disruptive forces. Long after the current crisis fades, The Live Enterprise will continue to be a critical guide to operate with agility and evolve to win.
REAR MOREEstablishes the Live Enterprise operating model, defining a strategic framework and logical flow for succeeding chapters. Its micro-release cadence moves with the market, made possible through shared digital infrastructure
How to achieve agility at global scale, the true competitive operational edge over time. Use organizational structure to drive agile culture. Evolve ways of working in distributed interconnected teams.
Why employee experience is the next frontier of corporate performance, and codifying employee emotional state of mind as well as actual behavior. Experience design as a computational science.
Resilience through systems design. Making offerings more valuable to customers. Nurturing the flexibility to repurpose people productivity into reimagined processes through sentient principles.
How to build intuitive decision-making capabilities, from knowledge graphs to digital brains. The real value of automating routine, deterministic decisions and responses.
Capitalize on the rapid shift from full-time employees to employees + machines + gig economy. As humans focus on problem-finding and highly empathic, ambiguous challenges, use talent management as competitive lever. Continuous, lifelong learning.
Live Enterprise reference architecture. The three dimensions of connectedness and collaboration. APIs as agents of change. Architecture success characteristics.
Shared digital infrastructure. The nine principles of platform architecture by design. Platforms that interact with people based on motivations and predispositions. Achieve performance through unbundled capabilities and architecture fitness.
Making it happen, through micro-change management. Measuring change at scale. Adoption through choice architecture and plus-one nudges.
Stakeholder capitalism and the next phase of corporate evolution. From sideline to C-Suite: developing a new triple bottom line of people, planet, and prosperity as three connected strands of enterprise DNA. The practical side of Green Swans and B Corps.
Epilogue - Live Enterprise lessons learned from the COVID-19 pandemic, from the Infosys response for its customers and 240,000 employees, and the work of its foundations in multiple countries around the world. The road ahead: Pale Blue Dot or Brave New World?