Five crucibles of change will restructure the world economy for the foreseeable future. Companies that understand them will stand the best chance of shaping it.
JUNE 2010 • Peter Bisson, Elizabeth Stephenson, and S. Patrick Viguerie
Today, when the biggest business challenge is responding to a world in
which the frame and basis of competition are always changing, any effort
to set corporate strategy must consider more than traditional
performance measures, such as a company’s core capabilities and the
structure of the industry in which it competes.
An article reinforcing on the importance of applying pro-active approach towards climate shifts within Business Landscape.
I see it as playing Dodgeball against global forces & familiar trends. Watching out for external forces and trends, and attacking the economy with our modified business model - hitting the opportunities right where it counts.
Video: Why trends matter
McKinsey director Peter Bisson explains the value of tracking global forces and how to build them into corporate strategy.
In a nutshell Y/Our Business Strategy should be devised in response to global forces & trends; so that instead of facing a bottle neck after a decade, we would be witnessing a sustainable yet substantially profitable business cycle.
Faiq A. Wyne
Business Analysis & Development Professional