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 MoreThis entry was posted in Business Transformation, Cost Takeout, Manufacturing and Distribution, Strategic Execution, Supply Chain Optimization, on March 26, 2020
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 MoreThis entry was posted in Business Transformation, Cost Takeout, Manufacturing and Distribution, Organizational Development, Strategic Execution, Supply Chain Optimization, on March 18, 2020
There is a book; a book said to be so profound that any general or leader who implemented its teachings and strategies would be invincible. The book was kept in the Forbidden City and shared only with the most elite. The book was written around 500 BC, it’s old, very old. Word of the magical book had spread through myth and conjecture over the centuries. Imagine …Read MoreThis entry was posted in Business Transformation, Strategic Execution, on February 1, 2020
All of our clients are having OMNI channel discussions these days. Why? Because OMNI Channel is the front end of the supply chain and has a significant impact on supply chain optimization. These discussions are fraught with a lot of misunderstanding of what OMNI channel is and how it supports the company’s Market Effectiveness. Googling OMNI Channel delivers …Read MoreThis entry was posted in Business Transformation, Information Technology, Market Effectiveness, Strategic Execution, Supply Chain Optimization, on January 25, 2020
Happy Thanksgiving to you and your family. At Thanksgiving, we take the time to stand back and realize how many things we have to be thankful for. Thanksgiving is about connecting those dots. …Read MoreThis entry was posted in Strategic Execution, on November 26, 2019
Companies have many different processes for strategic planning and strategic execution. These processes are designed to support the company’s culture and size. Irrespective of a company’s size, …Read MoreThis entry was posted in Strategic Execution, on August 27, 2019
Group50’s CEO, Jim Gitney, was recently asked by an executive about how he should manage the division he just took over as its president. Jim told him “Manage it like you are going to sell it – maximize value creation”. The executive gave a strange look and asked why that mattered. …Read MoreThis entry was posted in Anti-Strategy, Exit Planning and Transition, M&A, Manufacturing and Distribution, Strategic Execution, on May 29, 2019
Companies today increasingly recognize Digital Technology and IT infrastructure as a strategic asset that provides companies with the ability to effectively compete in its’ marketplace – an observation underscored by the Nash KPMG 2017 CIO Survey finding that CIOs sit on 62% of executive boards as opposed to 38% in 2005. While their relative importance varies slightly from year to year, the C-Suite charter for Digital Technology consistently features the following items: …Read MoreThis entry was posted in Blockchain IoT, Business Transformation, Information Technology, Strategic Execution, Supply Chain Optimization, Total Cost of Ownership, on April 19, 2019
Most organizations do Leadership Succession Planning at some level of effectiveness. Very little has been written about the need for incorporating technology succession planning and while technology leadership is part of the standard succession planning model, little is done about succession planning and skills development for subject matter experts, their supporting teams and successive upgrades and new technologies. Teams …Read MoreThis entry was posted in Business Transformation, Information Technology, Organizational Development, Strategic Execution, Supply Chain Optimization, Talent Management, on February 10, 2019
Most companies are struggling to identify the value of IoT (Internet of Things) and Blockchain in their business. That is partly due to the relationship between Strategy and IoT. While there is a need to have an IoT strategy, it needs to be a subset of the ultimate business strategy. IoT is an enabling technology that allows the business to rethink it strategy, how it goes to market and the product road (goods and services) that IoT enables. As a result, …Read MoreThis entry was posted in Blockchain IoT, Business Transformation, Cost Takeout, Information Technology, Manufacturing and Distribution, Strategic Execution, on January 9, 2019
- Recession Planning and Fine Tuning Your Business Plan – Webcast
- Global Recession and Recession Planning – Are You Ready?
- Recession Planning Workshop
- The Art of War – Strategic Planning and Strategic Execution
- What is OMNI Channel? – Where Does It Fit?
- CRM Traps and Pitfalls to Avoid
- Connecting the Dots – What Thanksgiving and Strategy Have in Common
- 8 Key Components of a Successful Strategic Planning and Strategic Execution Process
- Why Should You Care About Blockchain and IoT?
- Manage Your Business Like You Are Going to Sell It