A lot of literature has been published about what makes companies successful. Mike Myatt writes on Forbes.com about the shift in corporate paradigms:“And while many read about the exploits of great companies and the tragedies of failed brands, fewer seem willing to make the changes necessary to create a healthy thriving enterprise capable of enduring.”

He recognizes a shift in the market for a couple of years, but underlines that the companies that are now lagging behind (operating on old the paradigms), will eventually become irrelevant. And a positive change can be quite easy, but it requires action from a leader.

Mike goes as far as stating that reading an article like his own, on which this post is based, and implementing some changes in your company can steer you towards a brighter future. This is all based on his many years of experience, and not just on dry theory.

In an attempt to provide concrete steps that can be taken, he describes 30 old and new business paradigms that leaders (who are in his opinion responsible for the success of a company – “I’ve often said businesses don’t fail – leaders do”) can use as a checklist to see how their company scores now and then use it as a roadmap to implement changes.

Read the original article here.

How does your company score? Is your point of gravity still more on the left? Curious how you can start creating value and live up to the new paradigm? Give us a buzz!