Are Your Profits under Threat?

I note from this week’s Sunday papers that Ernest Young Accountants, reported that profit warnings were at their highest since the 2008 crisis.

The comment is made that “many UK companies still face sluggish, disrupted and competitive forces with Brexit adding further layers of challenge but also opportunity”

So what question is being posed? – Well in my language, I guess the question is “are you doing enough in your capacity as a Director or Senior Manager to address your future profits?”

In our day-to-day work we become absorbed in shifting metal, processing the order, chasing the cash, dealing with staff issues, but what are we doing strategically to position and react to the competitive environment; what initiatives are you driving, this year, to improve your performance?

I’ll leave you with that thought this morning; pick up the phone if you’d like to investigate further – without any pressure.

Regards

About Michael Carr

Specialising in Strategy, Systems and Organisational Design I've had a varied and rewarding career and been fortunate to work for some superb companies such as Courtaulds, Unipart International, Akzo Nobel and more recently Jaguar Landrover, all luminaries of a solid, disciplined and a conservative, though never lacking in innovation, approach to business management and development. Augmenting my career with studying for my MBA at Warwick in the early 90's has given me a balanced and I believe rich resource set to draw upon in my Consultancy Practice. My Clients have been good to me, tolerating my idiosyncrasies, giving me enough rope to go along the journey that I was taking them and hopefully in return I've been able to repay them by raising the bar and their business performance, giving them the results and achievements they were looking for. I really enjoy my work and love the challenge - isn't that what it's all about?

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