Most well-run companies—yours probably among them— spend considerable time and effort building and updating five-year plans. You know the exercise: deciding what your business will look like five years out, and drawing a blueprint for how to get there.
How is that five-year playbook you drew up in 2019 looking today? Chances are that your projections for facilities, IT, staffing, and the supply chain all turned to mincemeat. In fact, it’s hard to think of any part of business that’s running the way it was back then.
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