You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.

Consulting

Our best work is done when companies need to drastically change the way they do business and/or grow aggressively. Our clients choose Competia when they identify a specific need for a pragmatic, independent experienced facilitator that will adapt the approach and methodologies to their own situation.

Here are five examples that illustrate the role we can play:

Facilitate strategic retreats

As a CEO, an executive, or a board chair, it is difficult to manage a strategic offsite and be an active participant. We facilitate strategic retreats around the globe: identifying pertinent strategic issues, preparing the agenda and the tools required and work with your team to set-up, customize and facilitate your discussion.

Guide growth path prioritization

When you need to aggressively grow in new arenas, we can help boards or executive teams identify and prioritize new markets or geographies, develop sharper business models, make use of untapped trends, bounce off weak signals, and expand the definition of your industry.

Spot strategic blindspots

Even the most sophisticated companies fail sometimes to pick up signals that the environment is about to change. When strategic decisions are largely driven by anecdotes, executive intuition, past experiences, companies run the risk of making decisions based on biased information and wrongly rejecting potential growth avenues and hence limiting entrepreneurial opportunities.

Competia has developed a systematic approach to enable management teams and boards to examine your company’s strategy and lead discussions around potential “blindspots” – untapped opportunities and overlooked risks. In particular, “Strategic Blindspots Index”© is a systematic method to assess the risk of a strategic blindspot developing, and a way to compare a company’s risk profile with industry peers.

Develop an Artificial Intelligence Strategy and Oversight

AI is no longer a tech trend, it’s a business imperative reshaping every industry. It is already having an impact in many corners of the business, whether boards and executive teams have realized it or not: streamlining supply chains, personalizing customer experiences, detecting fraud, streamlining internal controls, and reshaping workforce dynamics. In the face of this seismic shift, those who remain passive risk being blindsided. Boards and executive rooms around the world are therefore gearing up. We cover for example:

  • AI Strategy Alignment: Understand how to align AI initiatives with your organization’s broader business strategy to maximize their impact on growth, innovation, and competitiveness. Define the AI ambition.
  • AI as part of the Enterprise Risk Assessment: Explore the unique risks associated with AI implementation, including bias, privacy concerns, and regulatory compliance, and discover strategies for managing and mitigating these risks.
  • Talent: assessing AI maturity, resources and talents needed, culture
  • Board Reporting and Oversight: insights into the role of the board in overseeing AI projects, including reporting mechanisms.

Tap into the power of weak signals

In a world where we are inundated by data, it is often difficult to filter the critical information from the noise.  However, if you look closely, weak signals are always detectable, signaling a significant change ahead. When these signals go undetected or are disregarded, the results can be disastrous. Witness Kodak, Blackberry, and Blockbusters, all companies that did not see the signals of change in their environment. We can discuss tapping into orthogonal sources of information to find signals and how executives need to broaden their fields of expertise to open peripheral vision

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