BGS-1 Growth through scaling (Scenario planning (Step 1:Identify key…
BGS-1 Growth through scaling
Step 2: Identify key trends and uncertainties
Focus on the big issues: most impact on your business
Distinguish trends from uncertainties
Step 3:Construct Scenarios
Visualize the differences from scenarios
Construct it as a 2*2 quadrants with two important uncertainties
It leads to four outcomes which are not exclusive mutually
Step 1:Identify key strategic issue
Appropriate time horizon-''Goldilocks''
Seek input both outside and inside
Find a strategic decision-asking questions
Take competitive, contextual and organizational view
Step 4: Write the scenarios
Use vivid descriptions
Focus on plausibility and generate details
Imagine the evolution of each scenarios
formulating a strategy
→ robust to different future scenarios
"single-point forecast "
of the future
recognize some uncertain predictions, avoid
When to do ?
: Identify key strategic issue
:generate unusual strategic options to consider
Step 5: Reflect on current strategy
Use possible futures to reconsider strategy decisions
Seek to identify opportunities for more robust strategic move
Repeat process with different combination of uncertainties
Since technology advanced, there are lots of new competitors appear in the industry. We think that Adecco has to adopt the growth strategy in order to remain the Top.1 position in the industry.
should Adecco grow
Try a little first
The scope of the growth strategy is limited in Taiwan. Take Taiwan market as the minimum viable product. If this succeeded, Adecco can duplicate this business model with some adjustment to all local company in Asia.
confirm the advantage after competing
decide keep growing or not
They have lots of premium on their profit,so they have capability to grow
According to Adecco's annual report 2017, being the biggest headhunter firm in the world, they also have to change due to the changes that the digitalization has brought to the world.
the best way
for Adecco to grow
Explore new market opportunities: The hidden champions in Taiwan
Build reputation among local firms
as example to answer the following questions from the video.
What are the risks of growth
Adecco is the international company, which is not just focus on eastern country. Taiwan is not an ideal developed country.
The structure of industries in Taiwan is not that common.
The perspectives of paying for HR solution of the local companies in Taiwan are way different from the firms which
come from western country.
How much can Adecco manage those risks
Try more professional advisor
Observe the industries in Taiwan