How do organisations plan in these uncertain times?
A recent survey by CGMA Advantage (July’20) highlighted the impact that the pandemic is having on the strategic plans of an organisation:
– 41% said that their strategy needs updating in response to the pandemic
– 24% said they are crafting a new strategy to reflect the new realities of business
– 17% are awaiting the long-term effects before focusing on strategy
– 18% said that their strategy has not changed
Developing a resilient strategy that remains valid over time, enables value creation and can be adapted to the ever-changing environment is a key determinant between future success or failure.
This is where Devereaux Kelly Associates can help. Our team of experienced practitioners can support you in areas such as scenario planning, corporate risk management, portfolio reviews, frameworks for action, stakeholder engagement and strategic communications.
Please contact me if you would like to learn more – ian.r.jones@devereauxkellyassociates.com.