3 business turnaround examples you’ve forgotten about

Business turnaround is all around us. The need for it, we mean.  The amount of businesses in distress far outweighs those demonstrating dramatic u-turns successfully. But turnaround does exist. And where any business in distress is looking for that 1 magic trick that will shift the downward trajectory back towards profit, for most successful turnaround stories - it was based on finding the right person, with the right amount of experience and courage, to try something that had never been done before. We share 3 stories of businesses who were on the brink of collapse - but through a lot [...]

2018-07-03T13:18:46+00:00July 3rd, 2018|News, RE:Focus|Comments Off on 3 business turnaround examples you’ve forgotten about

Innovating Business Models: Why business re:focus starts from the inside-out

We've often spoken about getting back to basics, when it comes to refocussing your business - and for many, that starts with an honest look at critical business systems and processes that may be holding you back, and stopping your team from being productive, engaged members of your business. Innovation is risk - we get that. You take a shot at something new, hoping it will work. Sometimes it does, and sometimes you learn a lesson that sets you on a path for even greater success, and sometimes you simply fall short of the mark that gives you the perfect [...]

2018-05-29T15:08:55+00:00May 29th, 2018|News, RE:Focus|Comments Off on Innovating Business Models: Why business re:focus starts from the inside-out

Plugging the holes vs re-building the transformation ship: Why turnaround often starts with baby steps

As much as we like to think that a Big Bang approach to solving any problem is the quickest, easiest way to address change, sometimes it's not quite so simple. And when we're talking about business turnaround, finding the balance between action, baby steps and apathy, can by quite often be a tricky exercise. “We are living in interesting times, with multiple transformation triggers all present at the same time, all equally intense," says Robert T. Vanderwerf, Transformation Strategy Leader at KPMG LLP. He adds that, “when four or five significant drivers are changing at the same time, the business environment [...]

2018-05-16T13:41:33+00:00May 16th, 2018|News|Comments Off on Plugging the holes vs re-building the transformation ship: Why turnaround often starts with baby steps