Successfully Straying from a Company’s Roots

As companies evolve with the times, they are often dealing with external changes, such as shifts in the market, emerging trends, or even unprecedented calamities like the recent pandemic. But, another common trigger for change is when an expansion strategy no longer works because the market has been saturated, and the company must do something entirely Continue reading “Successfully Straying from a Company’s Roots” »

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Big Changes Happen, but May Not Last

It is interesting to look at how the pandemic affects various businesses, with some, like the travel related sector, hard hit, while others, such as consumer packaged goods, actually experienced some sales gains. Lessons can be learned from how these changes unfolded. Continue reading “Big Changes Happen, but May Not Last” »

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If and How to Deviate from Strengths during Tough Times

Due to the corona virus pandemic, some industries have suffered severe downturns. Mandates may force businesses to operate quite definitely than they did before. And, pandemic generated consumer fear can also depress business.

In my previous writing, I encouraged businesses Continue reading “If and How to Deviate from Strengths during Tough Times” »

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Avoid Delusions about Company Vision

Despite the pervasiveness of the corona virus, the media does feature some stories that are not primarily driven by the pandemic. An example is a recent Wall Street Journal article about what went wrong with GE’s bold vision “to Continue reading “Avoid Delusions about Company Vision” »

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Crisis Can Revitalize Old Ways

So much has changed as a result of the corona virus crisis. Many products and services saw demand plummet, often because of mandates. On the other hand, some products or services can actually experience revitalization as a result of the crisis.

An example is Continue reading “Crisis Can Revitalize Old Ways” »

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