Private Equity in the Post-Industrial Transition

September 30, 2019

In the face of relentless technology disruption, GPs must urgently update their approach to value creation. In this paper, we discuss how GPs can better understand the risks and exploit the tremendous opportunities brought by technology disruption.

This paper should also be of interest to LPs. It will be increasingly difficult to find safe harbors unaffected by technology disruption. LPs will need to become much more vigilant in their evaluation of GPs and their disruption preparedness.

Digital Myopia and the Coming of Post-Industrial Civilization

February 25, 2019

Exponential technologies are invalidating long-held assumptions about jobs, firms, industries, and whole economies. Agility and adaptation are necessary to survival and flourishing for investors, companies and nation states. They are not sufficient, however. Leaders need to better understand the nature of the changes that are occurring. These changes are much more profound than most of us realize.

Corporate Governance in the Post-Industrial Transition

June 25, 2018

Directors now face a world where technology is evolving exponentially. The structure of entire industries is changing dramatically, and the threshold for industry outsiders disrupting them is lower than ever. Corporates must focus on rapid renewal, but struggle to attract young innovators, who are not so eager to work for big, traditional firms. In this paper we discuss what boards can do guard against loss of shareholder value due to technology disruption, and how to ensure that management proactively pursues disruption opportunities.

Higher-Order Organizations and the Post-Lean Future

July 8, 2015

In most organizations that have embraced Lean, including Toyota, hierarchical structure still persists. This does not fit well with the type of organizations we see emerging in the near future. Our world is being disrupted by exponentially developing technology, automation of all routine work, shorter employee tenures and organizational lifespans, dynamic freelance markets and an increasing desire for self-actualization. Spontaneous generation and dissolution of organizations and loosely coupled networks of organizations will be the norm rather than the exception. We call this the Post-Lean Future.

In this article we describe the Post-Lean Future and discuss the tension between just-in-time organizations and developing people. We suggest higher-order organizations, organizations that generate other organizations, as a possible way out, preserving the relevance of Lean for tomorrow’s organizations.

Lean Leadership in a Disruptive World

July 3, 2015

Lean Leadership is a leadership style that focuses on developing subordinates as problem-solvers and innovators so they can evolve the organization faster. In this article we discuss existing obstacles to Lean Leadership, how these are about to grow much larger due to disruptive technology, and what the road ahead might look like.

Extending Lean for Knowledge Work: A Retrospective

June 25, 2015

Over the last decade, the Lean Systems Institute has helped non-manufacturing and knowledge-intensive organizations that wanted to improve execution and become Learning Organizations. This white paper discusses how we extended Toyota’s Lean for this purpose and reviews some lessons learned.