Companies can find themselves in front of a dilemma:
โ๐๐ฎ๐ช๐ป ๐ธ๐ฏ ๐ฌ๐ฑ๐ช๐ท๐ฐ๐ฎโ: pushes back every initiative due to the uncertainty period
๐๐๐๐-(๐๐ฎ๐ช๐ป ๐๐ฏ ๐๐ฒ๐ผ๐ผ๐ฒ๐ท๐ฐ ๐๐พ๐ฝ): at the same time there is an opposite element that if they donโt take action they can miss opportunities or the activation of defensive/attach strategies against existing and new competitors.
The risks are present under diverse types in both scenarios of: โdo nothingโ or activating transformational processes.
There are radical transformations where strategies need to change due to different threats and opportunities that need mostly a review and a change of a business model. They are propedeutic to Digital transformation
There are also incremental transformations: those that can bring processes improvements following adaptations to corporate, business and organizational strategies.
The incremental ones can often be seen as propaedeutic to the activation of the radical ones.
โRisks can be greatly reduced by concentrating only on few holdings"
Warren Buffet
We will let you concentrating on how to achieve your (few but meaningful) goals of the transformation, reducing the risks, in a timeframe of 3 - 4 months!
Stay tuned.