What happens when a business consistently tells Wall Street it is going to construct a specific amount of capital improvements each year but consistently misses? And what happens when any type of owner organization must react quickly to changes in regulations by replacing a significant amount of its asset base but can’t?
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Success in 2015 Depends on Being Flexible in the Utility Market.
In an environment that will exhibit disruption and change, being nimble is a necessity. The concept of being flexible rather than ridged in the face of change is one that for many industry participants is counter intuitive. Bruce Lee might have said it best when he suggested the following: “Empty your mind, be formless. Shapeless, like water. If you put water into a cup, it becomes the cup. You put water into a bottle and it becomes the bottle. You put it in a teapot, it becomes the teapot. Now, water can flow or it can crash. Be water, my friend.” Those leaders who adapt, change and are nimble in the coming decade will thrive while those who remain ridged will be ground down the way water cuts a canyon.