Why does my business exist?
Irrespective of market sector, delivering value to customers must be the prime purpose of any company, yet many companies struggle to differentiate or communicate their true value to the outside world.
Leadership Advisory
Your Exec Committee and their direct reports will need to focus on the leadership needed for digital transformation. This is a whole-company initiative and covers organisational, behavioural and technical transformation. Your leadership is what makes the difference.
How do I know that my organisation is creating customer value?
All organisational activity should be about generating value for our customers. But few people are able to define ‘value’ as something that’s actually meaningful in the context of an initiative or a customer.
Customer-centricity - three ways leaders can embed competitive advantage
A culture of customer-centricity has given many leading companies success. By listening to prospects and customers, meeting their needs, driving engagement and advocacy, determined culture change, which puts the customer at the heart of the business, results in efficiency, growth and profitability.
Working with Insolvency Practitioners
If your company is experiencing financial distress, you may be considering appointing the services of an insolvency practitioner to help you navigate your current situation. This post discusses what support an experienced restructuring and insolvency team can provide.
How do I set and amend strategic direction?
Successful leaders understand that they need to find new ways to increase profits and reach new customers.
There are numerous options available, but how do you know which one will work best for your organisation?
Managing Corporate Risk
To stay trading, organisational leaders must be supportive of lines of enquiry which uncover threats to the existence, products or profitability of the company, and take mitigating actions to reduce such risk.
Staying Compliant
To stay trading your company needs to be, and remain, compliant. Few business owners will say that they like regulation, but the consequences of not being compliant can stop you trading, so make sure that you have sufficient people making sure that you are.
Agile must extend beyond IT
When challengers start to deliver value to your clients, IT are often given the digital transformation brief. But while those outside IT may see their role as merely looking on from afar and tolerating the noise, much greater benefit arises when the rest of the value chain works in the same manner.
The new role of IT Leaders
When the autonomous delivery team work directly for the Product Owner – who is generally drawn from the business – what happens to the IT Director and the ‘Heads of’ the traditional IT functions?
Turning a Company Around
When a business becomes financially distressed, turnaround involves making the changes necessary to solve the operational, strategic and financial problems that will restore the struggling organisation to trading viability. Turnaround is the final company-led chance to return to profitability.
Change and Transformation
The terms change and transformation are used interchangably by many, but there is a difference. If Change is about improving an aspect of a business, then Transformation is about renewing the whole company. Change initiatives tend to focus on people, Transformation is about delivery of value.
Five domains of corporate strategy that the digital world is changing
Embarking on any strategic journey is an enormously complex challenge. There are five domains of corporate strategy that the digital world is changing, each of which you must understand, embrace and show leadership in.