Sensing and Shaping the Post-COVID Era Pioneers will not only adapt to shifting needs; they will also proactively shape perceived needs and outcomes through innovation, education, and promotional activities. What practical measures can companies take to sense, exploit, and shape the post-COVID-19 reality? We suggest eight steps: 1. Expect change and look ahead. Organizations tend to become myopic and …
Win the Future The unfolding, global COVID-19 pandemic is a human crisis of historic scale and complexity. It is straining health care systems, government fiscal capacity, and the ability of many organizations to cope with the changes wrought by the virus and the response to it. The level of uncertainty for most leaders is unprecedented, …
link From the University of Michigan: Final Results for April 2020 featured-chart April’s final Sentiment Index reading remained largely unchanged from the mid-month figure (+0.8 points), and households with below median incomes expressed the same level of confidence as those with above median incomes (71.9). This merging reflects somewhat larger April declines among households with …
BCG’s Strategy Palette introduces five distinct approaches to strategy, helping leaders match their approach to their particular business environment and execute strategy effectively, combine different approaches, and animate the strategic collage of approaches. The five strategy approaches are: 1. CLASSICAL STRATEGY: BE BIG Classical strategy is based on achieving sustainable competitive advantage by positioning a …
Re: Changing industry structures, consumer behavior, market positions, and sector attractiveness: One of the key questions facing business leaders is whether their industry will rebound from the economic shock posed by the virus, or sustain lasting damage. The answer to this question likely lies in an assessment of the degree to which industries find themselves …
The future is not what it used to be… The coronavirus crisis is a world-changing event. Here are seven elements for business leaders to consider as they plan for the next normal. 1. Distance is back 2. Resilience AND efficiency 3. The rise of the contact-free economy 4. More government intervention in the economy 5. …