It seems the word of the day is “profitability”. And, why not? There is a possible recession
looming. Supply chain price increases are eating away at margins. Inflation is still running hot in most countries. Debt is harder to source and is at higher rates, so generating your own cash to
fund growth becomes more and more important. Revenue growth for growth’s sake alone?
In addition to needing to combat the obvious economic pressure of a looming global recession, the current crisis has shown that organizations must also protect themselves against longer term uncertainty.
There are so many good frameworks for helping you get going. You could start with Dr. Michael Porter’s Five Forces and better understand your competitive positioning. You could pull Dr. Peter Senge’s Fifth Discipline off the shelf and be reminded…