In A World Transformed By COVID-19, Digital Transformation Is More Important Than Ever Until recently, globalization was heralded as the major engine of global economic growth, and central to globalization has been the expansion of global value chains (or GVCs). However, the COVID-19 crisis has fundamentally challenged the logic of globalization. It has brutally exposed […]
Bringing It All Back Home: Why COVID-19 Makes Reshoring A Real Smart Choice The COVID-19 pandemic has led to the breakdown of many global value chains, and is prompting many international businesses to re-assess theirs, in order to build resiliency against future disruptions. In a new white paper, authored for the management consulting firm, Mythos […]
The Lessons Are Clear: In a Post-Pandemic World, Businesses Will Need To Reduce Their Reliance On China Quite apart from causing an unprecedented global humanitarian and economic crisis, the COVID-19 pandemic has revealed significant vulnerabilities in the interconnected and interdependent global value chain that drives economies around the world. In a new white paper, authored […]
The Execution Gap is the biggest gap of all. It’s created by combination of static approaches to managing the strategic roll-out and the organizations’ resistance to change. Since every consultant on the planet has their own version of tools to manage the execution phase – I’m not going to focus on that here. Instead, I’m […]
The Learning Gap is a second reason many strategies fail. Why? Because we think we know what’s the latest and greatest, when in fact, we don’t. The foundation of the Learning Gap is a paradox. Here’s how it works We’re all trained to seek the status of expert. In business and in our hobbies […]
The Reality Gap is one of the chief contributing factors to failing strategies, in all of our businesses. What’s the Reality Gap? It’s a by-product of the way our minds work. It’s also the reason we think we know exactly what’s going on in our buyers’ worlds. Why we’re often wrong about their real needs. […]
You create a great business strategy. You just know it’s going to take you to market leadership, and a big bottom line result. Six months later you’re feeling like you’re pushing on a rope. But you just know everything will come into sync soon. A year later, you’ve tried everything. Your brilliant strategy has gone […]
In private coaching sessions, leaders often tell me they believe their people skills are lacking. The reasons follow the same track: They can’t seem to motivate that worker to step up their performance. They can’t compel their team to shift their thinking and innovate. They’ve tried everything but they just can’t get people to accept […]
We’re all taught to seek the answer. To business issues, professional challenges, personal stuff. We also have a need for speed when it comes to finding that answer. After all, finding the answer as quickly as possible is how we win. Right? Not really. Our First Answer is Rarely Our Best Answer That’s because the […]
How often do you invest in a technology, feature, product packaging, advertisement or whatever so that you can keep up with a competitor? We all do it It’s human nature. But that doesn’t mean it’s a successful behavior. As kids, we ask for things because our friends have them – and the following continues. That’s partly […]
