Bose, a company with a long-term reputation for Strategic agility and top notch customer experience, have announced they will close all of their retail stores in North America and Europe.
Your Strategic Assumptions Can Make or Break You - Just Consider the Recent Demise of the A380
Profitability in companies originate from well-defined niches and not volume commodities.
Conduct this systematic risk approach to steer clear or lessen Brexit threats your company is worried about.
Brexit has the full attention of many executives and companies world-wide. Many companies are prepared, but many more are not. Whichever way it goes - big dollars are at stake.
Whatever unfolds by October 31st - it pays to work through our three(3) step risk approach with your team now. The outputs will help you pinpoint, prevent and / or at least significantly minimize the impact Brexit may have on your business.
Risk in any sense is only about the Probability(P) of and the Impact(I) - if we can find the high Ps and the High I's ( and quantify it to Revenue, Cost or EBITDA $) - we can focus resources on the critical few Brexit risks to your business and have actions to prevent or mitigate risk.
If your planning process is not driving speed, flexibility and iteration - which are MUSTS in today business environment - it may be time for an upgrade
Being "agile" seems to be the buzz word in many companies and mainstream media. It primarily gained attention as a method for better software development. However packaged its principles rest on the PLAN, DO, CHECK, ACT basics which should also apply to your strategic planning process.