Change happens. Every business environment requires continuously changing strategies, processes, tools and skills. Implementing a Continuous Improvement program is one way a company can harness their response to change and create competitive advantage. As companies launch Continuous Improvement programs, they need to have a plan. Effective programs require the following 5 elements leading to successful and sustainable …Read MoreThis entry was posted in Business Hierarchy of Needs, Business Transformation, Continuous Improvement, Driving Continuous Improvement Series, Global Initiatives, Manufacturing and Distribution, Organizational Development, Strategy 5.0, Supply Chain Optimization, Value stream mapping, on February 19, 2022
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 MoreThis 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
Offshoring, onshoring, nearshoring, are business solutions that international and multinational companies have used for years. However, only a very small percentage of these companies have in-house tools that are effective at supply chain modeling and can help senior leaders …Read MoreThis entry was posted in Global Initiatives, Manufacturing and Distribution, Mexico, Supply Chain Optimization, on August 12, 2017
Successful enterprises across the globe have leveraged on the vast experience, in-depth knowledge and understanding of a strategic planning consultant that is capable of working with senior leadership on strategic execution: been there, done that. This effort is a cornerstone of gaining competitive advantage and thriving in highly competitive marketplaces. An effective strategic execution program facilitated by an experience strategic planning consultant helps …Read MoreThis entry was posted in Business Transformation, Exit Planning and Transition, Global Initiatives, Information Technology, M&A, Manufacturing and Distribution, Market Effectiveness, Organizational Development, Strategy 5.0, on November 8, 2016
Mexico’s legal system is a result of the 1910 revolution and the subsequent promulgation of its Federal Constitution on February 5, 1917. Although historically influenced by the legal systems of Spain, France, and the United States, Mexico has been able to structure and maintain a distinct legal system that incorporates truly unique Mexican components. Mexico’s legal system is a civil law system but not as it exists in other civil law countries.
Patterned after the United States, …Read MoreThis entry was posted in Global Initiatives, Mexico, Strategy 5.0, Supply Chain Optimization, Weekend Thought, on August 31, 2016
Intro: Group50 and ProMexico have partnered together to bring to our readers more insight into the advantages of Mexico as a business partner. The following article is the first in a series of articles on Mexico, written by Juan Carlos Briseño, ProMexico’s Los Angeles Trade Commissioner
Mexico: A country savoring the moment, the niche, the current global trends and the “attractiveness” of a country with the proper human power, operational costs, proximity, innovation and trade agreements. Yet it is crucial to add formal, professional promotion, facilitation and guidance in order to capitalize on Mexico’s endless business opportunities.
The good news for Mexico: Its Federal Government has understood this. …Read MoreThis entry was posted in Global Initiatives, Mexico, on August 7, 2016
On Friday 6/25, we awoke to the screaming headlines about the citizens of the UK voting to leave the EU. Brexit was a reality. All the experts and the polls were wrong! Leading up to this there was tremendous volatility in financial markets and uncertainty about the impact of Brexit on global financial markets and business. Business executives that we have been working with have displayed the “deer in the headlights” look: strategically frozen in place while waiting to see what happens. Now what? …Read MoreThis entry was posted in Global Initiatives, Strategy 5.0, Weekend Thought, on June 27, 2016
The importance of proximity to the customer is a greatly recognized principle that can derive tangible benefits for any organization that desires to improve market synergies. China vs. Mexico is quickly becoming a market proximity consideration. The results can be multiple fold. First, proximity increases customer loyalty, it gives the organization greater flexibility to execute changes faster and adapt based on the voice of the customer. The ultimate result …Read MoreThis entry was posted in Global Initiatives, Manufacturing and Distribution, Market Effectiveness, Mexico, Weekend Thought, on May 27, 2016
Executives are faced with a conundrum when they are trying to decide on when and how to hire a consultant. There are typically 5 issues that nag an executive during this decision making process. Those issues typically go along these lines:
This entry was posted in Exit Planning and Transition, Global Initiatives, Manufacturing and Distribution, Market Effectiveness, Organizational Development, Strategy 5.0, Weekend Thought, on February 20, 2016
- Consultants are too expensive; especially the top tier consulting firms and they don’t get real, measureable value
- Every professional who is unemployed or underemployed is a consultant until their next job and they don’t have the appropriate bandwidth; but they are cheap
- Finding a consultant or consulting firm who is a cultural fit with the organization
- Finding a consulting firm who has all the functional resources required for an entire project.
- When to admit that we really can’t solve the problem ourselves
We continue this series of blogs pertaining to global business practices and some of the lessons learned from decades of experience implementing global expansion strategies for Fortune 500 companies. Middle market enterprises desiring to start or continue their international and multinational expansions are well advised to reflect on some of these critical factors when creating their distribution strategy.
One of the early strategies to enter a foreign market is that of setting up foreign distribution. …Read MoreThis entry was posted in Global Initiatives, Market Effectiveness, Strategy 5.0, Weekend Thought, on September 25, 2015
- Video Explanation of the Business Hierarchy of Needs®
- Strategy 5.0™ – Defining the Appropriate Organization Design for a Digital Future
- Strategy 5.0™ – Where to Play, How To Win, Most Important Goal
- Cost Takeout as a Strategy
- What is the Business Hierarchy of Needs®?
- Five Things You Need To Do To Drive Continuous Improvement – Introduction
- Five Things You Need To Do To Drive Continuous improvement – Part IV – Best Practices
- What is a “ Brown Paper Exercise “ and What is its’ Value?
- Industry 5.0, People – Process – Technology – Cobotics
- Industry 5.0 – IoT and Blockchain – An Application Case Study – Flight Safety Parts