In fact, the focus on business strategy seems to be gaining ground in a very substantial way: The frequency at which the failure to execute business strategy was mentioned as a risk grew from 32% in 2009 to 80% in 2011. A newfound focus on business strategy should definitely help the retailers in the current situation that is more volatile and competitive than any other similar historical situation.
Some of the other concerns that gain retailers’ attention are shown in the top 10 list.
However, refactoring the top 10 list by the amount of change from 2009, a more interesting picture emerges: Business strategy appears to have gained the most momentum from 2009, followed by changes in regulatory & legal concerns. Loss of key management appears moves into top 5 as well, as the economy improves and mobility among the employees becomes a reality.
- Supply Chain as Strategic Asset
- Building Capabilities to Win
- Connecting Strategy to Supply Chain
- Strategy Alignment- Poor State of Affairs
supply chain processes and supply chain strategy? Check out my books on Supply Chain Management at Amazon.