Growth & Profitability in this hyper-competitive and disruptive environment are very hard to achieve. Leaders struggle to find balance between managing the current business and grabbing the opportunities being thrown due to change in customer behaviour and technology adoption.
The questions in front of leaders are:
1) What is our core?
2) How to protect and strengthen core?
3) Are we doing enough or Are we doing more than enough?
4) How to grow profitability.
Multiple projects are started in different directions with different approach and resources can de distarous without yielding long term benefits.
Organisation can use CG (Core Growth) Framework to growth profitability in long term and expand its core.
1) Identify and strengthen your core business
2) Build defence to core
3) Pick one opportunity and get established
4) Now enter various other opportunities and build successful business
5) New Businesses are your New Core.
