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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 -
Strategy Doesn’t Matter – Unless You Can Execute It…
By: Jim GitneyStudies 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 -
Don’t Sell Products, Sell Systems – The Product Lifecycle Revenue Model
By: Jim Gitney
The concept of “system selling” is applicable to all products and services. System selling extends the lifecycle revenue of products and services. The wisdom of offering products and services that don’t stand alone, but which intimately fit into a greater system for the end user or client, continues to be sound and exploitable by marketers. It is a necessary element in OMNI channel strategies, product management and the Product Lifecycle Revenue Model. Why? …Read More
This entry was posted in Manufacturing and Distribution, Market Effectiveness, Product Development, Strategy 5.0, on April 25, 2021 -
Is Your Company at an Inflection Point?
By: Jim GitneyEvery 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 GitneyGrowing 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 -
Strategic Planning Playbook
By: Jim GitneyWe recently published a blog on Virtual Strategic Planning and have received many inquiries from readers for more information. We believe that getting your strategic plan right for 2021 and beyond is the most important thing a company can do. Because of that we have decided to offer our strategic planning playbook free to anyone who requests it. If you want a copy, send us a request to info@group50.com or request it here. …Read More
This entry was posted in Exit Planning and Transition, M&A, Manufacturing and Distribution, Market Effectiveness, Organizational Development, Playbooks, Product Development, Strategy 5.0, on November 20, 2020 -
Virtual Strategic Planning and Strategic Execution
By: Jim GitneyThe 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
This 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 -
Navigating Growth Through an Inflection Point
By: Jim GitneyWe 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 -
Managing Your Way Through 2020 and Beyond – Part II
By: AdminIt 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, Strategy 5.0, on September 5, 2020
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