Is picking the right manufacturing location purely an objective exercise or is it subjective as well? The answer is yes to both. The objective side clearly affects your P&L, while the subjective side effects the risk to your P&L. In choosing the right manufacturing location it is important to do the analysis with 4 key objectives in mind. They are as follows: …Read More

Whether we want to call this a recession or just unfortunate circumstances, I think that we can all agree that business is being disrupted yet again by external factors beyond management’s control.  Interest rates are up, sales are down and inflation is above 8%. Amazon, Tesla, Wells Fargo, Coinbase, Salesforce, Meta and Netflix are a few of the more well-known companies announcing layoffs.  Financial indicators …Read More

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 More

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

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 More

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 More

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 More

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 More

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 More

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 More