- • As is famously said, the road to growth and transformation is always under construction.
- • But what if this is happening in an era of constant disruption, unpreditability and change? What
should be the nature and pace of that construction when the destination take itself is question mark
or keeps changing?
- • Fact is future is being rewritten and the rules are constantly changing.. In the VUCA world there are
no magic or silver bullets as we are riding a contiious wave of disruption. Even as the SME sector
grapples with impact of Industry 4.0 and digitization amidst the pressure to show short term results,
larger cos are on the cusp of a transition from Industry 4.0 to Industry 5.0.
- • For small and medium enterprises the challenges are multifold as they have to contend with
building their capabilities, invest in new technology to achieve sustainable growth in the digital era
where customer needs, technology and behavioiur is evolving and and the challenges of green
transition are mounting.
- • This flux can often paralyse decision making when businesses to look internally and externally and
rethink plans and stretch their horizons. Disruption demands that we avoid traditional outdated
approaches and go radical while also being pragmatic
- • Transformation is a word that gets thrown around loosely but it involves a deep dive into
understanding one’s own deficiencies and weaknesses, and find answers to some critical
questions like how to improve your supply chain efficiencies, understand your customer’s
aspirations, understand how you can deliver value across the value chain and unlock new
opportunities to drive new growth.
- • What should be the change management strategy which can align people, processes,
Innovation and initiatives of a company more closely with its business strategy and vision?
- • What are those 5 or 6 transformational initiatives that your organization could help your
organisation find your reevaluate your vision and business strategy and get double digit
growth?
- • How should you plan your and prioritize the digitization process in anticipation of changes 5-
10 years ahead?
- • Are you even talking to the right customer segment? How have their needs changed?
- • What are the tradeoffs that we need to look at between where should you sacrifice short
term gains for long term growth? What are the strategic trade-offs you need to make ?
- • Where do you need to cut costs to allocate more resources where required? How do you go
about diversifying your risks? How do you reallocate your resources? How do you fund your
growth plans?
- • Whom do we need to benchmark against to be able to get there ?
- • Are we reinvesting in opportunities that emerge as market evolves?
- • Is our competitive advantage strong enough to leverage more customers and more business
from existing customers?
Undertaking transformational initiatives to unlock new opportunities needs to be a carefully carefully analysed & hypothesized
