I always set extra time aside for reading content from McKinsey.
Not just because it's always great content, but because it's my business school crush. And it's a great way for me to stick my head from under the bushes and get a better lay of the land.
Last week they published three separate reports on retail, CPG and consumer sectors.
Each includes invaluable insights on the current state of the three sectors.
But the message in all three reports is the same.
Recovering from 2020 and navigating a path forward means that executives will have to manage several priorities simultaneously:
- tracking changing consumer preferences
- identifying micro pockets of growth to prioritise for future plans
- adjusting commercial strategies
- and becoming more agile to pursue opportunities.
The climate that's been completely reshaped, until Q2 2021 at least.
And forecasts alone can be severely underserving you.
In the months to come, agility and ingenuity are going to be the saving grace of SMBs.
Dashboards can give you a much-needed handle on the metrics and insights that describe what’s really happening on the ground.
Dashboards can help you reduce waste, manage risk and zero in on driving initiatives that deliver growth.
As the world is recovering from the shock and the 'new normal' emerges, this advice for business leaders from McKinsey’s senior partners will tell you how to gear up and get ready for recovery.
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