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What is the risk of driving a car without a fuel gauge?
Explore the challenges faced by a Brazilian company in the commercial vehicle market, as it navigates through a crisis without recognizing early signals. Learn how strategic intervention, process reevaluation, and a proactive approach to succession planning are crucial for survival.
The case study serves as a valuable lesson in crisis management and the importance of recognizing early warning signs. From inefficient production practices to the need for succession planning, the blog highlights the multifaceted approach required to navigate a crisis successfully. Companies are urged to learn from this example and prioritize transparency, optimized administration, and strategic planning to ensure long-term prosperity.
Unraveling Complexity in Digital Business Models: A Microscopic Examination
In the blog the author delves into the often-overlooked challenges within digital business landscapes, drawing from real-world experiences in the German-speaking region of Europe. The blog emphasizes that complexity in digital processes, often stemming from attempts to mirror intricate analog models, can hinder efficiency. It highlights critical indicators of complexity, both in processes and digital business models, including convoluted workflows, lack of standardization, manual bottlenecks, and outdated technology.
A significant focus is on the unique challenges faced by German businesses, where data security concerns sometimes hinder digital progress. Despite these challenges, the blog encourages businesses to challenge norms and innovate digitally. The text showcases the expertise of iMB, a company with 18 years of experience in simplifying complex processes and fostering digital innovation. Ultimately, the blog advocates for proactive identification of complexity, leading to streamlined operations, reduced costs, and enhanced customer satisfaction.