Many businesses face the prospect of a “perfect storm”. For those in the insurance industry, this is a combination of catastrophe losses followed by the challenges of a “W” shaped recession that could bring social upheaval and political change in many countries that we have historically considered as “stable entities”. But the perfect storm is [...]
Get a group of people in a room and ask them what the drivers of change are – the forces that could reshape the world we live in. I would hazard a guess that the list of change drivers that we would generate would be headed up by: Climate change Energy supply Sustainability Technology, e.g. [...]
Nothing like an attention grabbing headline. But it is a headline that raises serious issues. Now that a pathway (of varying lengths and gradients, depending upon where you are located) is appearing leading us out of the Great Recession, a common picture of hope is emerging. The picture of hope is that, broadly, increasing consumerism [...]
Unlikely bedfellows you may think, but two articles from the Institute of Fiscal Studies[1], [2] can help us to see the type of future that may await us, particularly for the losers of the Great Recession, those that I call the “bloc #3“. The key points from the above articles are: (1) Public sector spending [...]
The current debate on the size of bankers’ bonuses and new regulation approaches emerging from both the US and EU may miss the most important point. The most important point is that the developed economies’ grip on the international institutions that shape the working of the global economy will weaken and faster than you may [...]
Tip #2: Who are your most profitable customers? It’s surprising the number of businesses that cannot answer this question. A simple activity-based costing exercise, linked to the expected longevity of your client relationships, can produce rich results. You should aim to be able to populate this matrix: This is a valuable exercise as you will [...]
This is the the first in a series of tips or suggestions to help you and your business make the most of the economic recovery. The first tip is aimed specifically at business to business organizations: Tip #1: Do you understand who are the new decision-makers and what they want? Chances are that the recession [...]
A recent McKinsey survey Economic Conditions Snapshot, February 2010: McKinsey Global Survey results[1] is interesting reading – especially Exhibit 2. Exhibit 2 looks at how executives propose to deal with a new economy. It is heartening to note that a large proportion (48%) plan to introduce new products and services to take market share from [...]
Dyer’s article China: A populist rising[1] makes some interesting points, especially for scenario planners focusing upon the direction of globalization. Clearly, 2012 must go into the calendar as a key shaping event – an event that we know will occur – and when it does, will allow us to see more clearly the final shape [...]
Introduction A new term has entered our vocabulary, “The Great Recession”. A period of turmoil and shock that started, at least publicly, with the demise of Lehman Brothers on 15 September, 2008. Whether of not we are still in the grips of the Great Recession depends largely on where you are located. But before the [...]
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