Organizational debt refers to the cumulative consequences of decisions made in an organization that later prove to be suboptimal or detrimental. These decisions may have been made due to various reasons such as lack of foresight, resources, or simply due to the circumstances at the time. This debt can affect legacy organizations by slowing down their ability to adapt to changes, innovate, and grow. It can lead to inefficiencies, misalignment of goals, and can create a burden that hinders the organization's progress.
Are you constantly frustrated by silo-ed functions, meeting overload, and slow decisions-making? You...
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