Further to a previous post of mine on the success a client of mine is having despite the recession, I am also pleased to find a highly respected journal – The Economist – publishing an article that again reinforces my view that the recession will, in the long term, prove to be good news for most nimble small and medium enterprises.
The article, intended to guide large corporate chief executives, does at the same time clearly show how much of a challenge they face. In summary, their survey showed that whilst almost all executives recognised the need for their organisation to react quickly and effectively in today’s market, in practice many found it difficult to get that to happen.
I include a few quotes below. I suspect anyone now working in an SME that has worked in or with a large corporate will recognise the obstacles listed at the end! Read the full article “how business can survive and thrive in turbulent times” by clicking the link below.
- 88% of global executives surveyed believe that organisational agility is critical for global business success.
- 27% of respondents say that their organisation is at a competitive disadvantage because it is not agile enough to anticipate fundamental marketplace shifts.
- 34% say they have failed to deliver the desired benefits.
“The main obstacles to progress are slow decision-making, conflicting departmental goals and priorities, risk-averse cultures and silo-based information.”
Written by Bob Bradley, founder of MD2MD.
At MD2MD we understand that our members and their businesses have varied needs. We have four different membership plans to choose from, each offering a unique blend of our numerous events and services.
At MD2MD we understand that different leaders and different businesses have varied needs. We have four different membership plans for you to choose from. Each membership option offers you a different blend of our varied events and services.
Information about the events we offer as part of our membership, both current and historical, can be found on our events page. This includes our regular, international, world class speaker workshops and webinars.
Interested in MD2MD?
If MD2MD sounds right for you and you match our criteria, then we would love to offer you a place at our demonstration meeting – designed for us to demonstrate the power of peer groups and for you to experience first hand how the meetings work.