This is the CEO moment according to McKinsey. A time when great leaders are stepping up and standing out from the rest.
Investing in external networks is one of those key shifts.
"Spending time laterally" refers to CEOs investing in and generating value from their external networks like no other time before.
This strategy is not just beneficial for coping with the crisis however.
So many of the challenges facing business today are shared across organisations and industries.
Comparing notes with other business leaders is the fastest way to test, refine and roll out relevant solutions to generic issues, freeing leaders up to spend more time focused challenges and opportunities that truly differentiate them.