2
Threat
2
Innovation
Your business has a moderate ability to innovate, with some support and resources in place to drive change. However, due to the high threat level in your industry, you must tread carefully and strategically. Focus on increasing capacity over capability in the short-term. Achieve your short term objectives to bring your business out of threat.
Journey AI video
Solve tips
Evaluate your current innovation initiatives to ensure they align with the pressing market threats.
Engage middle management to foster innovation while maintaining stability.
Keep a close watch on market trends and watch competitor moves weekly.
Create a small group to monitor trends and feed them into the organisation.
Evolve tips
Strengthen decision-making processes to respond swiftly to threats.
Increase the frequency of decision making by having daily huddles that aid flow of information.
Foster a culture of resilience to navigate uncertainties.
Ensure communication is clear and consistent from the leaders to maintain focus and morale.
APAC Strategist
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The PEST Model
The PEST Model (Political, Economic, Social, Technological) model is a strategic tool used to analyse external factors that can impact an organisation.