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Digital Transformation Case Study – Inflection Point
By: Jim Gitney
- $6M in annual savings
- $15M in future cost avoidance
- $2+M working capital reduction
- 900% ROI
- Reduced new product cycle times from weeks to days
This entry was posted in Business Transformation, Case Studies, Inflection Point, Manufacturing and Distribution, Market Effectiveness, Strategy 5.0, on October 17, 2021 -
Podcast With Jim Gitney on What to do About Moving Through an Inflection Point
By: Jim Gitney
Growing a business is not as simple as applying a sales formula or launching an innovative product. The approach for growth changes as your business evolves through its business life cycle. Each time a company doubles in size, it hits an inflection point: a time in a company’s life cycle where its people, processes, and technologies are struggling to support the business. When that happens, …Read More
This entry was posted in Business Transformation, Inflection Point, Podcasts, Strategy 5.0, on February 12, 2021 -
Virtual Strategic Planning and Strategic Execution
By: Jim Gitney
The majority of our consulting work has been virtual and like everyone else we have adapted by developing a virtual strategic planning and strategic execution process. To us and our clients, this remote workforce thing has not been as bad as people feared. Many leaders believe that employees are more productive when working from home and several companies are reducing office space and headcount because of it – one part of their strategic plan. They all agree that executing strategy has presented more challenges because …Read More
This entry was posted in Business Transformation, Global Initiatives, M&A, Manufacturing and Distribution, Market Effectiveness, Organizational Development, Product Development, Strategy 5.0, Supply Chain Optimization, on September 30, 2020 -
Navigating Growth Through an Inflection Point
By: Jim Gitney
We recently worked on a project that required the integration of two $30M companies. Both had grown to this size in a short period of time and had systems that supported their individual sizes relatively well. When the two were combined, they pushed across an inflection point. An inflections point is when a company’s systems, business processes and organization structure are struggling to support the size of the company and are incapable of supporting future growth to the next inflection point. …Read More
This entry was posted in Business Hierarchy of Needs®, Business Transformation, Inflection Point, Strategy 5.0, on September 14, 2020 -
Managing Your Way Through 2020 and Beyond – Part II
By: Admin
It has been a wild ride the last 6 months and most companies have completed the first of three phases: Stabilize, Reconfigure, Recover. Strategic and tactical planning for the next 12-18 months will be critical for companies. Senior leadership teams need to focus on the Reconfigure stage and define how they will redefine their business models in preparation for the Recover phase. In the video below, Jim Gitney, the CEO of Group50 Consulting, discusses the key …Read More
This entry was posted in Business Transformation, Market Effectiveness, Re-Opening Your Business, Strategy 5.0, on September 5, 2020 -
Change Management in the Current Environment
By: Jim Gitney
Over the last few months, none of us have been operating as usual. Swift action has taken place in all parts of every business. Actions that typically would take months of reviews and decision making have been done in weeks, days and hours. In trying times, we bypass the strict regimen of decision making and discard many of the minor concerns that get in the way of quick decision making. That is possible because business teams have …Read More
This entry was posted in Business Transformation, Organizational Development, Re-Opening Your Business, on June 11, 2020 -
World Class Manufacturing and Distribution – Wrap Technologies – Group50
By: Jim Gitney
The Group50 team and I are very proud of working with Wrap Technologies (WRTC) to design and implement a world class manufacturing and supply chain infrastructure for their BolaWrap 100 restraint device which significantly reduces the force required to subdue suspects – taking the brutality out of apprehending suspects and making policing safer. In this project, we worked with the WRAP team to implement their technology backbone, create their supply chain operating and management systems and design their manufacturing facilities and production cells. Made in America from the ground up. Seldom do we get this type of opportunity and we are focused on implementing more manufacturing in America.This entry was posted in Business Transformation, Information Technology, Manufacturing and Distribution, Supply Chain Optimization, on June 3, 2020 -
Leveraging the Paycheck Protection Act – Team Based Process Re-engineering
By: Jim Gitney
In the next few weeks, companies with under 500 employees will start receiving payments from the Paycheck Protection Act and all companies will continue to make important decisions on how to structure themselves to deal with the current downturn and prepare themselves for the future (Here is one view of the future …Read More
This entry was posted in Business Transformation, Cost Takeout, Manufacturing and Distribution, Organizational Development, Strategy 5.0, Supply Chain Optimization, Value stream mapping, on April 13, 2020 -
Recession Planning and Fine Tuning Your Business Plan – Webcast
By: Admin
Group50 sponsored this webinar which focuses on Recession Planning and Fine Tuning a company’s business plan in turbulent times. Subject matter experts in Finance, Leadership and Operations discussed best practices and the Do’s and Don’ts they learned during their corporate and consulting careers and multiple economic cycles with hundreds of companies ranging from start-ups to Fortune 100 companies such as GE, Black & Decker, Deloitte, Underwriters Laboratories and …Read More
This entry was posted in Business Transformation, Cost Takeout, Manufacturing and Distribution, Strategy 5.0, Supply Chain Optimization, on March 26, 2020 -
Global Recession and Recession Planning – Are You Ready?
By: Jim Gitney
We are in a global recession according to global experts in a recent Forbes article. Don’t let this be your Kobayashi Maru – No Win Scenario. Every dollar not spent by consumers reduces downstream spending by 43% according to the current velocity of money statistics. No matter what business you are in, you are being impacted by this atypical recession, one that will likely rival the tech bubble of 2001 and the financial collapse of 2008. If you don’t agree, no need to read further, but can you really take that risk? …Read More
This entry was posted in Business Transformation, Cost Takeout, Manufacturing and Distribution, Organizational Development, Strategy 5.0, Supply Chain Optimization, on March 18, 2020
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