As a result of the crisis, CEOs are rethinking their strategy, reshaping their business models to take advantage of future growth opportunities.
How this impacts your supply chain operating model?
According to the 13th Annual CEO Survey released in January 2010 by PWC, the major initiatives the worldwide organisations are prepared to address in 2010 and beyond are:
1. Generate internal Cash flow to finance growth at an acceptable cost of capital as Banks will remain risk averse.
2. Adjust their business strategies and operating models in order to respond with more agility and in a more collaborative manner to the changing consumer behaviour and the wide fluctuations in market conditions.
3. Assign risk management to the entire organisation and engage to a long term performance and compliance management in order to align risks with strategic business planning.
4. Maintain/increase investment in the climate change strategies to take advantage of the business benefits such as new product leads, brand building/reputation management as well as corporate responsibility.
5. Collaborate with governments for a better enforcement over new regulation for financial sector stability and for social and environment sustainability without affecting the benefits of entrepreneurial initiatives.
6. Reinforce skilled workforce to increase risk awareness, market adaptability, change management capability and new customer demand responsiveness.
As Supply Chain and/or Procurement Directors, how do you think these corporate initiatives will affect your tactical and operational plans in 2010 and 2011? What initiatives are the most critical in your organisation? Do you foresee any major restructuring to complete these initiatives?
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