Change

Strategy, problem or opportunity?

Game chang­ing inno­va­tion, dig­i­tal trans­for­ma­tion, cul­tur­al and demo­graph­ic evo­lu­tion, and so on, can be dis­rup­tive and huge oppor­tu­ni­ties to who can build and main­tain com­pet­i­tive advan­tages, stay­ing fit for the future, ready for the next big thing and posi­tioned for success.

Fail­ing to adapt to changes in the ecosys­tem or to oth­er con­straints and the loss of com­pet­i­tive advan­tages can make busi­ness mod­els obso­lete. Busi­ness dis­tress can even­tu­al­ly be trig­gered by fail­ing to secure and main­tain financ­ing. Cause and effect are distinct.

Exces­sive indebt­ed­ness can be a result of a weak busi­ness strat­e­gy, unre­al­is­tic finan­cial pro­jec­tions, com­pla­cent work­ing cap­i­tal opti­miza­tion and fail­ure to divest not strict­ly nec­es­sary assets. Finan­cials are an easy quan­tifi­ca­tion of the suc­cess of the com­pa­ny inter­act­ing with its envi­ron­ment, chal­lenges, mar­ket dis­rup­tions, indus­try trends, rivals’ moves, with such as oper­a­tional improve­ment, inno­va­tion, secur­ing a good project pipeline, port­fo­lio trans­for­ma­tion, peo­ple devel­op­ment, includ­ing suc­ces­sion, social accep­tance and so on.

Any prob­lem can be solved — even­tu­al­ly. Else, it is an incon­ve­nient fact to be coped with, or stuff for phi­los­o­phy and math­e­mat­ics schol­ars. Some prob­lems can be antic­i­pat­ed, pre­vent­ed or even become oppor­tu­ni­ties. The ear­li­er you approach them, the bet­ter. Chal­lenge your own sto­ries, bias­es and resources allocation.

If you can’t solve the issues your­self, you can use help. Pro­fes­sion­al con­sul­tants can speed up aggre­ga­tion of knowl­edge into actions. You can ben­e­fit from a fresh approach and inputs from out­side adding resources for quick action.