Abstract

PurposeThe aim of this paper is to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.Design/methodology/approachThis briefing is prepared by an independent writer who adds their own impartial comments and places the article in context.FindingsAll organizations have, from time to time, to face a major change in direction. For whatever reason – from changing market conditions to accepting that a structure once fit for purpose is no longer appropriate for current times – they have to plan a new course. Facing a new strategic direction can be tough, especially for a company, which has found success in the past relatively straightforward. Another problem is that some paths can lead you the wrong way, even up a blind alley, and you have to be nimble enough to change direction again.Practical implicationsThe piece provides strategic insights and practical thinking that have influenced some of the world's leading organizations.Originality/valueThe briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to digest format.

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