Nimbleness, flexibility, and the ability to rapidly change direction to adapt to changing business realities are now survival traits for companies. While companies once had the luxury of taking several years to overhaul something like IT or HR, the new way of doing things involves transforming entire business models in the same amount of time (or less). KPMG recently released a report on the subject of Succeeding in Disruptive Times, which found, among other things, that a whopping 96 percent of companies are in some phase of the transformation process. And it's a trend that will only continue, says Steve Hasty, Partner and U.S. Innovation Leader, KPMG. Consulting sat down with Hasty to talk about the report and this trend line.
Consulting: According to the report, 96 percent of companies are in some phase of the transformation process, is that a trend you see on the rise?