Today innovation is needed more than ever for businesses to not only survive but thrive in an uncertain world. But innovation means different things to different people. On a granular level, it means creating new things out of old things. More generally, innovation can mean doing things in a completely new and different way. For…
Tags: | innovation
“Good ideas can come from anywhere.” Most of us recognise the wisdom in this quote, yet we still see strategy as the realm of a company’s senior leaders. That may be because of our tendency to equate strategic thinking with strategic planning. Although these practices are related and equally necessary for a company’s success, they…
Tags: | strategic planning, Strategy Development
How can any business go through a 2021 planning process when there is so much uncertainty due to the ongoing pandemic, economic crisis and BREXIT ? It may be tempting for some business leaders to delay planning. The temptation is understandable; nobody wants to waste time creating a detailed annual plan that will have to…
Tags: | strategic planning
As we enter the last quarter of 2020 – this week I want to share with you where I believe your focus should be as a business in the coming months. Let’s be honest the future is going to be challenge to say the least with: – the government trying to control a second Covid…
Tags: | coronavirus
At the end of the day your customers want solutions to their problems fast. With the help of technology, digital transformation enables businesses to improve customer experience and get customers what they want conveniently. Yet, the adoption of digital transformation has still been slow. In the midst of Covid-19, the need of digital transformation has…
The economic impact of Covid-19 will be felt for a very long time. Businesses have closed, certain industries have been devasted – all leaving thosands of people without jobs. By the end of June there were 649 000 fewer people on the payroll. As we face these scary prospects and the unknown financial road ahead…
Tags: | coronavirus, recession
Whether you are a small business owner or a large corporate brand, the same advice currently applies: Your company must pivot to survive and, more importantly, thrive Covid 19. Here are five ways you can pivot your business to thrive in uncertain times. Adopt a growth mindset This is a great time to create stronger…
Tags: | Corona, leadership
The Covid-19 pandemic has caused a loss of life, loss of health, loss of income and more making this the most challenging time in recent memory. Those impacts should not be downplayed, but it is important to note that, on the business side of things, the outlook is not completely negative. The need for goods…
Tags: | strategy
As the Covid-19 pandemic disrupts the way we live, work, and conduct business, leaders are scrambling to manage the immediate fallout. However, as history proves, it’s also necessary to prepare for what’s next. Visionary leaders like Abraham Lincoln, , Winston Churchill, and Nelson Mandela didn’t simply react to the most imminent threats confronting them; they…
Tags: | Strategy Development, vision
Picture this: You’re a managing director, and you have just finished developing your strategic plan with your leadership team. You’ve reached alignment on your company’s vision and purpose, and you’re clear on your strategic priorities, goals and action items. Now, what do you do? Often, companies are left with a stack of papers or a strategic…
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