Some nice McK articles on thinking coming out of the credit bubble deflating.

  1. There are power curves popping up across sectors and event types. We don’t really understand these kind of curves (lots of low impact / intensity events with the occasional shocker), how to predict them or how to work with them effectively. Hindsight allows us to say: “that was a black swan”, but could we tell we were in one while it was happening?
  2. Companies need to have more flexible approaches to strategy based on an attempt to spot structural shifts effectively (”Rumelt: I think if you have a clear vision of the future ten years hence, you