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What happened at Volkswagen? What chain of events led to the collapse in share price by 40%, the resignation of its CEO and the irreparable damage to the company’s reputation? With the dust still settling on one of the biggest corporate scandals in recent years, its causes remain obscured by the sheer size and complexity of the organisation. Whilst we may never get to the bottom of it, observers are clear on the drivers.
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New research suggests that in order to make faster, better decisions in the digital age, senior executives should be moving from unilateral, command and control models, to collaborative decisions by empowering stakeholders with information Whilst organisations want to adapt, they are often hampered by their own complexity and traditions Five concurrent, digital shifts are transforming the business scene: intelligence everywhere, increased connectivity and autonomy of objects, accelerating impact of technology, rise of the platform economy, increasing dependency on trust
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