Includes bibliographies and index

A new business model dispenses with the fads that failed large, incumbent companies—and helps leaders effectively harness new capabilities. In the last 30 years, leaders of legacy businesses and Non-profits alike have been encouraged to run their organizations like Lean, agile start-ups. They embraced the trends that promised success—digital transformation! Sense and respond! Design thinking discovered they all fell short when applied at scale to large, incumbent organizations. In the live enterprise, authors Jeff kavanaugh and Rafe tarafdar show why these approaches don’t work for larger companies offer a clear path forward for executives, managers and professionals looking to transform legacy systems into agile, digital ecosystems that can evolve with changing market needs and scale to any size. The operating model they describe, live enterprise, builds on the positives of the start-up operating model but goes further, addressing such issues as responsive value chains, intuitive decision-making capabilities, hybrid talent (employees + machines + gig economy) and more. Ground-breaking in theory and long-term strategy, the live enterprise also includes practical steps any company leader can follow now—for immediate results—while laying the groundwork to operate with agility in the future.