Has your company spent the last few years adjusting to a “new normal?”
For many firms, the answer to that question is an unequivocal “yes.”
Without a doubt, pressures from the global economy have transformed business practices throughout the enterprise, and recently released key issues research from The Hackett Group confirmed that many large companies are adapting to a new status quo characterized by increased volatility and uncertainty in:
- cost of raw materials and energy, and
- availability of talent.
In fact, nearly one in five companies in The Hackett Group’s 2012 study said they expect to see 25 percent or more volatility in these areas over the next two to three years.
How will companies adapt? The research shows that many companies are focusing on: (more…)