Go-to-Market – Digitally
DESCRIPTION Because customers, potential customers, and the customer’s customer are all using online media, and because much interaction and information search is made primarily (or at least first) using online search engines or through online forums, there is a genuine need to both understand and use online media to interact and brand products or services. […]
Sales and Operations (S&OP) – and Digitalization
DESCRIPTION Partly as a consequence of the current supply chain issue, that has challenged the company’s ability to deliver and to keep an updated insight into company operation performance, a more profound integration between sales and production/operations has become evident. This is no simple task as information on inventory, sales performance, forecast, production costs, etc. […]
AI as a Business Tool
DESCRIPTION When companies consider using AI as a business tool, there are several important considerations they should keep in mind to ensure the successful implementation and utilization of AI technologies. These considerations span various aspects of the organization, technology, and ethical considerations: At first glance, AI looks very promising in that it can take away […]
Auctions
DESCRIPTION As a consequence of the recent turmoil on supply chain and prices many companies have had to make procurement through auctions on products and components not normally purchased this way. Moreover, selling through auctions is new to most companies and in many cases discarded as an option, because of little or no knowledge or […]
Supply Chain Issues and Fluctuating Prices
DESCRIPTION One of the consequences of the Covid-19 pandemic has been very rapid changes in the supply chain, this concerns the delivery of raw materials, parts, and components, all of which are now delivered randomly and at changing prices. So even if this can be handled in logistics, the consequences on price change, working capital, […]
Addressing the new ESG/CSR Agenda
DESCRIPTION Public opinion on how manufacturing companies (or any company for that matter) should be operated, is increasingly influenced by the debate on climate change, Covid-19, CSR, increased globalization, change in energy sources, the UN 17 goals for sustainability and more. Hence, CSR/ESG has been added to the agenda of companies; either to improve on […]
Investing In Startup Companies – for Corporates
DESCRIPTION Investing in startup and early-stage companies as a chosen strategy to quickly and/or alternatively get new products or services or to launch R&D projects, without setting up an internal team might be some of the arguments for looking at these companies for investment. However, it is not without challenges to investing in startup companies, […]
Corporate Branding
DESCRIPTION The company is in a situation where the market is either new (new brand-name, new geographic or product market), is fragmented, or its products are perceived as generic? How does the company position itself when some or more of these characteristics describe the market situation? A concurrent issue is that the market is business-to-business, […]
Efficiency and the PMO
DESCRIPTION After having made all (or most) of the possible adjustments when it comes to making processes more efficient (LEAN) and removed or changed the excessive use of resources, there are still more openings to become more efficient. One such opening is through introducing a Project Management Office (or PMO for short). The basic idea […]
Managing Growth
DESCRIPTION Having experienced a period of growth may have had the consequence that business processes have become less efficient and may also have influenced company culture so that cost focus/awareness has become somewhat distant. Market demand may equally be above the company capacity which will either open for new competitors and/or strain the company as […]
