by Robert Bradford | May 1, 2020 | Competitive Strategy
Contingency planning for the next few months. In my article on contingency plans for the Covid-19 Pandemic, I outlined a threat-based approach to the pandemic impact. This week, I’d like to extend that thinking into the next few months. While this may not seem...
by Dana Baldwin | Apr 24, 2020 | Succession Planning
In this third article of a series, we are going to look at Succession Planning – It’s urgency and pitfalls. Our first two articles covered the key features of Succession Planning – how to do it, etc. In Article 1, we covered the following...
by Robert Bradford | Apr 17, 2020 | Strategic Planning during the COVID-19 pandemic
Times of great upheaval represent a great opportunity for those who would act to get ahead. The right moves to do this are strategically important for your company, and could literally make or break your business. In my last article, I summarized four key steps to...
by Robert Bradford | Apr 10, 2020 | Strategic Planning during the COVID-19 pandemic
It’s pretty clear by now that the economy is going to take a severe beating this quarter, and possibly the entire year. With the strategic picture in mind, how do we steer our businesses through this rocky period? The key to understanding the answers to this are the...
by Robert Bradford | Apr 3, 2020 | Strategic Planning during the COVID-19 pandemic
Covid-19 and Business – How to Build Value During the Pandemic. It’s still somewhat early to predict how the Covid-19 outbreak has changed every part of our world. It’s not too soon to pick up some early ideas that are emerging from the disruption caused by...
by Dana Baldwin | Mar 27, 2020 | Succession Planning
Succession planning and competencies – mentoring and family requirements. In the first article of this series, we looked at a number of questions which should be addressed by Senior Management. When implementing succession planning, answers to those questions...
by Robert Bradford | Mar 26, 2020 | Competitive Strategy
Strategies in recessions – What kind of strategies work best? We’ve been using Simplified Strategic Planning for over 40 years now, and we’ve seen companies fare well through recessions many times. Those that do well use strategies that are just a bit different...
by Robert Bradford | Mar 13, 2020 | Competitive Strategy
In strategic planning, we sometimes look at threats that will harm your business. We avoid looking at every threat, since good strategy is about opportunities more than threats, but there are still some threats that may be worth examining. In general, these are...
by Robert Bradford | Mar 6, 2020 | Strategic Planning during the COVID-19 pandemic
Pandemics affect business strategy. If you’re like most people, the Covid-19 virus that you’ve heard news about concerns you. Some of that concern may be personal, since anyone could be infected by the virus. Some of that concern, however, may be about the impact...
by Robert Bradford | Feb 28, 2020 | Competitive Strategy
Protectionism with tariffs in your country is often seen as a benefit to companies, especially manufacturers. The idea is that when countries put a tariff on imports of products similar to yours, you gain an advantage in your domestic marketplace. If they place a 25%...
by Dana Baldwin | Feb 21, 2020 | Succession Planning
Although our principal thrust in Strategic Planning is how to better compete in our market segments, we also need to include succession planning. Succession planning is key to your overall planning, because it helps assure you will have appropriate staffing in the...
