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 MoreThis entry was posted in Business Transformation, Market Effectiveness, Re-Opening Your Business, Strategic Execution, on September 5, 2020
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 MoreThis entry was posted in Business Transformation, Organizational Development, Re-Opening Your Business, on June 11, 2020
Supply Chain Risk – Supply Chain Resiliency – Knowing Where You Are Vulnerable and Doing Something About it
Supply Chain Risk and Supply Chain Resiliency are very real threats to companies as they try to recover from the pandemic, or any other disruption. It’s a topic that most companies don’t spend a lot of time on. They expect their Tier 1 suppliers to manage this reliably deliver just in time with high quality and low cost. Over the last 50 years, supply chains have evolved into complex global networks that few companies understand beyond …Read MoreThis entry was posted in Re-Opening Your Business, Supply Chain Optimization, on June 5, 2020
This article is the first in a series of articles on Re-opening your business. They will be written by Jim Gitney, CEO of Group50 Consulting, manufacturing, distribution and supply chain experts, and Cindy Flynn, Partner at Hackler Flynn, a labor law firm . In this series, we will talk about best practices and tips and techniques that we are learning from our clients who have opened their businesses. A lot of great work is being done and you, as a business owner, should not be faced with re-opening your business in …Read MoreThis entry was posted in Re-Opening Your Business, on June 4, 2020
The global economy is re-opening and the decisions you make in the next 90 days will define the future of your business. Studies have shown that companies who are innovative and transformative during a recession outperform their peers. In a previous blog – Managing Your Way Through 2020, we offered a playbook for re-opening your business and a three phase strategy to support it. Most businesses are …Read MoreThis entry was posted in Re-Opening Your Business, Strategic Execution, on May 27, 2020
By many accounts, the 2020 COVID-19 pandemic has peaked and is slowing down. And while there is still some time before stay-at-home orders are lifted and non-essential businesses are allowed to reopen nationwide, there is an end in sight. It has been a very difficult time for businesses and individuals; the repercussions of the event will …Read MoreThis entry was posted in Market Effectiveness, Re-Opening Your Business, on May 11, 2020
In managing your way through 2020 it is imperative that you and your leadership team carefully plan the balance of the year. In this video presentation by Jim Gitney, the CEO of Group50 Consulting, who has been through 7 economic cycles during his career talks about a 3-phase approach to the balance of 2020. …Read MoreThis entry was posted in Re-Opening Your Business, Strategic Execution, on May 7, 2020
Every business owner is challenged with Re-Opening their business as the COVID-19 pandemic restrictions are slowly lifted. There are myriad things to consider and inputs on how to do it from the federal government, states and localities. Each have a different approach and set of recommendations. Trying to find relevant guidance can be a daunting …Read MoreThis entry was posted in Re-Opening Your Business, Strategic Execution, on May 6, 2020
- Solemn Memorial Day
- How do I know if my company is at an Inflection Point?
- Nobody is coming for you… It’s YOUR Quadruple bypass.
- Inflection Point – Consequences of the Road Not Taken
- Strategy Doesn’t Matter – Unless You Can Execute It…
- Don’t Sell Products, Sell Systems – The Product Lifecycle Revenue Model
- Risky Business…Is your company wearing Tightie Whities?
- The Great Reassessment – Inflection Point
- Is Your Company at an Inflection Point?
- Strategic Maturity – An Imperative at This Economic Inflection Point