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Four business orthodoxies to challenge in 2021

  • All - Deloitte Image

Jan 08, 2021

COVID-19 has forced many organizations to upend standard ways of doing business. Some of these deep-rooted practices should have been challenged long ago, says Dan Helfrich, chairman and CEO of Deloitte Consulting LLP.

In 2020, many organizations dramatically changed operations and processes in response to the pandemic. Amid massive economic and societal upheaval, companies had to pivot quickly and redesign workflows, decision-making processes, supply chains, and business models. Many organizations found that traditional business beliefs no longer applied.

While the shift was highly disruptive, some of these tenets were overdue for a rethink. In the new year, leaders can better position their organizations for recovery and improve them in the long run by questioning long-standing business doctrines.

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