The European Commission wants to ensure greater fairness with a regulation to combat late payment in commercial transactions. It also wants to increase the competitiveness and resilience of SMEs. That sounds good, but it also has its downsides, according to Marc Fahrig and Ralf Ehret. The experts explain what companies should prepare for now.
Strategy & Corporate Performance
Material shortages, delivery stoppages, rising energy costs. Sustainability targets, digitalization and electromobility: the automotive industry is under pressure to transform like almost no other. There is no choice in this. It is compelled to transform itself, must reinvent itself, must question the tried and tested - such as network structures, contracts and sales systems - and it is doing so. A conversation with Jan Brandt, interim manager and expert for turnaround and new business models.
We are on the brink of Web 3.0: Decentralized, anonymous Internet, built on the blockchain. The age of cryptos, NFTs, DAOs and the metaverse has begun. The possibilities? Limitless, they say. But what exactly is the metaverse? What effect does it have on businesses? An outlook with Franz Wenzel, Director at enomyc.
Strategy & Corporate Performance
Are your scrap levels too high? The machines all running at optimal capacity? Have customers paid on time? Controlling your company based on defined KPIs can be a challenge without a dashboard. Senior Consultant Nantwin Apffelstaedt reported on this in detail in Part 1 of our "Dashboards" series. But how do you turn a dashboard into one that brings true impact to your company?
Strategy & Corporate Performance
About 20 years ago, the first dashboards made their way into German companies. Today, these visualizations are considered indispensable for efficient corporate management, as they promise nothing less than comprehensive transparency at a glance. But in practice, it is often not that simple.
Strategy & Corporate Performance
Casting from China and assembly from Eastern Europe were yesterday's news. Pandemics, lockdowns and a stuck freighter in the Suez Canal have taught us otherwise. What must the logistics of the future look like? How can Germany's economy become more independent and less vulnerable? How to adapt its logistics to climate targets? An outlook with Dr. Stefan Frings, partner at enomyc.
Strategy & Corporate Performance
The Corona pandemic and its consequences, including disruption of important supply chains and shortages of materials, have plunged many companies into a crisis that threatens their very existence. Small and medium-sized companies in particular are having to contend with double-digit falls in sales and earnings. Companies that failed to prepare for the crisis in good times have been hit particularly hard. So it's high time to tackle the issue of preventive restructuring now.
Strategy & Corporate Performance
Today's expectations of companies are unprecedented in their social and political dimensions, says our director Wolfram W. Hackbarth. Decision-makers in companies need to act quickly, but with deliberation and a clear concept.
We would like to express our sincere thanks to you, dear readers, dear business partners and, above all, to our experts and colleagues for your continued support and the consistently high level of interest in our interviews, technical articles and podcasts. The year 2021 brought further challenges, but also many opportunities. Let us also make the best possible use of the year 2022: 365 new days, 365 new chances!
Strategy & Corporate Performance
90 percent of German companies are family businesses. Often with a long tradition and several management changes from generation to generation. These handover processes are often complex. "A family-internal company handover is of great importance for all family members," finds Bessie Fischer-Bohn. The economist, psychotherapist and executive consultant has been accompanying families through the leadership transition for many years. Why do those who don't normally sit at the conference table also have to come to the table? How can the Prince Charles Syndrome be avoided? And what do families typically ignore?
Strategy & Corporate Performance
Corona and no end - What does this actually mean for banks? How do financial institutions currently assess the competitiveness of their customers? How meaningful are profit and loss statements (P&L) after the numerous liquidity aids provided by the German government? How does Rita Herbers, member of the board of Hamburger Volksbank, experience the Corona pandemic and how did she become the first female board member in the 160-year history of Hamburger Volksbank?Rita Herbers, Member of the Board of Hamburger Volksbank, and our Managing Partner Uwe Köstens talk about this in the enomyc Podcast.
Strategy & Corporate Performance
Long-successful companies repeatedly demonstrate resilience in crises. Christoph Scholl and Stefan Renken say tradition does not always equate to inflexibility.
Strategy & Corporate Performance
The Corona pandemic has undoubtedly given digitization in Germany a major boost. But the momentum did not happen voluntarily everywhere. While young companies, in particular those with fluid structures and processes, are finding it easy to go digital, the comprehensive digitization of business processes is still meeting with resistance in many long-established companies.
