Today’s market is a pressure cooker of challenges. It’s no wonder almost every board is focused on scenario planning to future-proof the business. Boards have a key role to play in supporting and encouraging design-led approaches to products and services that can give their companies a competitive edge as economic volatility continues.
A design-led approach places people at the center of program development and decision-making, invites empathy into the ways in which a company structures its business, and is something boards should be keenly aware of.
In the latest NACD BoardTalk blog, Adam Malamut and Michael Lawless discuss how boards facing the uncertain economic realities of today can implement design-led and analytic-powered approaches to help the organizations they serve best their competition, hedge against market turmoil, and grow market share in a recessionary environment.
Learn about the five steps boards can discuss with management to get started.
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