task 369 chaotics - business strategy
DESCRIPTION
TRANSCRIPT
ChaoticsBusiness Strategy
Chaotics - Introduction
• Globalization and technology have created a new level of interlocking fragility in the world economy.
• As a result, the world economy has entered a new era marked increasingly frequent and intermittent periods of turbulence.
Chaotics - Introduction
• Our Market became a continuous and unpredictable place to do business.
Chaotics - Turbulence
• Turbulence has two major effects on business enterprises:– One is vulnerability,
against which companies need defensive armor.
– The other is opportunity, which needs to be exploited.
Chaotics - Benefits
• It provides methods to allow companies to live with increased risk and uncertainty in an age of turbulence and its consequent chaos.
• It involves creating and implementing a set of new strategic behaviors.
Chaotics - Benefits
• It builds an early warning system, a scenario construction system, and a quick response system to manage and market during recessions and other turbulent economic conditions.
Chaotics - StrategyMain Steps
• Detect sources of turbulence.• Prepare scenarios to respond
to turbulence's chaos.• Predict chaos-induced
vulnerabilities and opportunities.
• Develop responses to ensure long-term resilience and success.
Chaotics - StrategyMain Steps
• Avoid risk while advancing the interests of the company.
• Build flexibility into the balance sheet.
• Price strategically.
• Adjust products to meet new customer values.
Chaotics - Conclusion
• This new period of turbulence and chaos creates the need for businesses to develop a new mindset.
• One that takes into account unpredictable periods of disturbance, to allow us to overcome them and the constant threat of economic and business chaos.
Lico Reis Consultoria & Línguas
Prof. Roberto Lico Reis
E-books: www.migre.me/oQ5Linkedin: www.migre.me/1d9r
Twitter: Licoreis