- Re-opening – Setting up the appropriate safety measures and protocols to insure workforce health
- Organizational needs – Who you need to run lower volume day to day operations and who you put on innovative and transformative projects
- Market Insight – Understanding your customers’ needs, plans and strategies
- Staying close to your customers is critically important
- Understand the new weaknesses of competitors
- Product and Services Mix – Reviewing customer and product profitability
- Define the go forward portfolio of products and services
- Identify low margin customers and products – Create a fix or exit plan for them
- Scenario planning – Creating a likely case revenue model for the balance of the year with performance trigger points that initiate predefined actions
- Supply Chain Insight – Every company has a supply chain and they need to work closely with suppliers to understand their re-opening plans and risks, which includes developing a supply chain resiliency plan.
- Financial Health – With the above items completed, leadership will be able to create financial models for the balance of the year and make appropriate financial plans
Re-Opening Your Business – Playbook
Managing Your Way Through 2020
Market Effectiveness in the New Normal
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This entry was posted in Re-Opening Your Business, Strategy 5.0, on May 27, 2020
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