Six steps to a winning business strategy

By Terry Irwin |
Categories: Strategy
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The purpose of your business strategy is to ensure that all of your organisation’s resources are consistently placed in the most profitable position to provide your customers with what they want, when they want it. But how do you achieve this? This video describes the six distinct steps you need to follow.  

How to identify and survive strategic threats – Part 6

By Terry Irwin |
Categories: Strategy
Tagged With: , , ,

In my previous post, I covered two strategic actions that can make a difference: Examine risk in your business model. Examine value creation in your business model. The third action, which completes the set, is outlined below and illustrated with a well-known example. 3. Re-centre your ecosystem The enterprise ecosystem can be viewed as a […]

How to identify and survive strategic threats – Part 5

By Terry Irwin |
Categories: Strategy
Tagged With: , , ,

In my last post in this series, I began to explore ways of recognising and countering threats to your business model, and suggested that there were three strategic actions that could make a difference: Examine risk in your business model. Examine value creation in your business model. Re-centre your business ecosystem. The first two actions […]

How to identify and survive strategic threats – Part 4

By Terry Irwin |
Categories: Strategy
Tagged With: , , ,

Last Friday’s post in this series outlined the components of an effective risk management framework. Today’s post will start to explore how to recognise and counter threats to your business model. Strategising your way out of a threatened business model Strategic planning that incorporates threat management distinguishes successful companies. Such organisations continue to reinvent their […]

Optimism among SME manufacturers falls for first time in a year

By Terry Irwin |
Categories: Economy, Manufacturing
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The UK’s small and medium-sized (SME) manufacturers saw optimism deteriorate for the first time in over a year, according to the latest SME Trends Survey by the Confederation of British Industry (CBI). The survey of 374 SME manufacturers reported another firm rise in new orders, underpinned by both export and domestic demand. Furthermore, while firms […]

How to identify and survive strategic threats – Part 3

By Terry Irwin |
Categories: Strategy
Tagged With: , ,

My last post in this series covered the modernisation of the strategic planning process and the resulting new approach to threat management. In today’s post I will be outlining the components of an effective risk management framework. A strategic threat and risk management framework Threats will continuously flow into the business ecosystem, but not all […]

Retail sector suffers significant drop in activity

By Terry Irwin |
Categories: Economy, Retailing
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Retail sales declined sharply in the year to October 2017, disappointing expectations for a solid expansion, according to the latest monthly Distributive Trades Survey by the Confederation of British Industry (CBI). The survey of 106 firms, of which 49 were retailers, showed that, in the year to October, retail sales fell at the quickest rate […]

How to identify and survive strategic threats – Part 2

By Terry Irwin |
Categories: Strategy
Tagged With: , , ,

My first post in this series explained how to tell the difference between a risk and a threat. Today’s post will talk about a renewed approach to threat management. Modernising the strategic planning process Just as a detective solving a crime looks for opportunity and motive with a suspect, strategic planners must look for threats […]

Making the transition to a new business model: handling resistance to change

By Terry Irwin |
Categories: Change management, Leadership, Talent management
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If you decide that your company does need a new business model, how do you handle resistance to change – from employees, executive staff or board members? There are six things you can do to help staff welcome and embrace the change. This video describes them all.

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