Strategy

Going the Distance: Private Companies In The Face Of Adversity

2023-03-28_15-38-42.jpgThe pace of change in the business environment has greatly accelerated. In turn, the velocity at which businesses must respond to internal and external forces must increase. While many companies have been focusing on meeting their needs via upskilling their workforce and investing in additional tools, these efforts will reap better results if they are rooted in methodical processes and supported by continuous improvement methodologies – broadly outlined as the practice of methodically defining the desired state of performance, measuring and evaluating current performance, planning initiatives to bring current performance in line with the desired state, and monitoring and executing practices to improve the desired state.