- 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 - Inflection Point and the Wealth Effect – 2 Strategies By: Admin
I was recently having a conversation with Jim Gitney, the CEO of Group50 Consulting and he was talking about the Inflection Point of one of his clients. The company is a 2nd generation manufacturer, who is in a significant growth mode. Mom and Dad still own a majority of the company, with 2 of their 3 children running the day-to-day activities. This company has hit an inflection point with its growth plans though. Their systems, people and processes are strained …Read More
This entry was posted in Exit Planning and Transition, Inflection Point, on October 3, 2021 - Strategy Doesn’t Matter – Unless You Can Execute It… By: Jim Gitney
Studies indicate that 90% of all companies do not execute their strategic plans effectively. So, only 10% of companies execute their strategies!? Why is there a problem with Strategic Execution™; the ability to implement strategy effectively and sustainably? Is it because they don’t care? Feel like strategy is a check the box activity?
There are multiple issues here that companies need to deal with: …Read More
This entry was posted in Inflection Point, Market Effectiveness, Strategic Execution 5.0 ™, Strategy 5.0, on May 2, 2021 - Is Your Company at an Inflection Point? By: Jim Gitney
Every company comes to at least one business or economic Inflection Point during its lifecycle. Inflection points are when a company’s size is straining its people, processes and technologies. This typically happens at revenue ranges of $10, $25, 50, $125m $250 and $500 million in annual revenues, i.e., when they double in size, but it can also happen at an economic inflection point where a downturn in the economy has caused the company to downsize and it struggles to handle the growth from an economic upturn.
The challenge of an inflection point is that it takes time for leadership teams to …Read More
This entry was posted in Inflection Point, Strategy 5.0, on March 12, 2021 - Strategic Maturity – An Imperative at This Economic Inflection Point By: Jim GitneyStrategy and its execution are a challenge for every organization, especially now with the economic inflection point every company and consumer is facing. Strategic Maturity is where a company develops a cohesive strategy and executes it through the participation of all stakeholders (Board of Directors, employees, suppliers, customers, end users and contractors). Being a class B company further complicates the matter. Strategic maturity is now more important than ever and has become an imperative. Without it, companies will not be able to …Read MoreThis entry was posted in Inflection Point, Strategy 5.0, on March 4, 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 - 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 - Middle Market Growing Pains By: Jim Gitney
Middle market leadership teams are faced with the challenge to maintain their competitiveness in the marketplace and keep up with the fast-paced changes in technology. They are on the threshold of a new world of operational efficiency, productivity and customer engagement. When speaking with senior leaders of middle market companies, we routinely hear the following questions: …Read More
This entry was posted in Business Transformation, Inflection Point, Information Technology, Strategy 5.0, Supply Chain Optimization, on March 30, 2017
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