A post-COVID landscape sees businesses facing significant challenges to which they need to respond rapidly. Australian 'Business Strategists' Step Change have created a new model focused on five factors they believe are essential to understand when making business decisions in 2020.
In understanding the effects of volatility, tightening budgets, digital enablement, restrictions and health and well-being, leaders will be able to free themselves from decision-inertia caused by a rapidly changing environment.
Download the Five Forces Model
Force 1: Volatility
Affecting how we decide
Facilitate decision making with real-time data and shortened planning cycles. Understand today's known quantities to gain outlooks for re-shaping tomorrow
When assessing budgets, utilise data at hand to identify areas of missed value. Move decisively to activate cost savings and revenue-generating process.
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