21st Century Board Leadership Model - Masterclass (topic 6)
Topic 6: The Economic Emergency and the Board Response strategy
The "21st Century Board Leadership Model - MasterClass" Programme consists on 7 webinars and covers the topics listed below:
Please be informed that the REGISTRATION is for the full programme and must be done through the following page: 21st Century Board Leadership Model - Masterclass
For more information about the programme please visit this link: https://www.ila.lu/21cblm
Topic 6 - The Economic Emergency and the Board Response Strategy
On this sixth webinar out of the 7 webinar series the following issues and questions will be covered:
The Key question to ask is ‘Has the business model been affected by the COVID 19 Pandemic? Many Business Models will be disrupted and almost defunct in the medium terms, i.e. Tourism and Leisure, Aviation and Maritime, Oil and Gas, Automobiles, Construction and Retail Estate, Manufacture, Mass Agriculture, Traditional education, Financial services.
The Future winners will be Precision agriculture, On-Line Education, On-Line Financial services, E- Commerce, Personal Healthcare, Food processing and Retail delivery, Medical Supply, and services. Post Covid-19, every business needs to re-evaluate the current model if any of the industry sectors that will be affected and re-imagine the business model and strategy in a sector that is a post health emergency
Does the Business have a Revised ‘Business Model, Corporate Strategy and Supply Chain strategy which responds to the 21st Century operating environment with the best strategic advice, input and expertise?
Is the Board Tracking Gross Margin by Business, SBU, Division & Brand and taking strategic corrective action?
Has the Board assessed the Strategic Cash flow of the business in the short and long term to assess setting up ‘Future
Every Business needs to ‘Remodel’ its Supply Chain from ‘Outsourced, off-shore’ to ‘In source- In shore’. All Future supply Chains must be reviewed in terms of accessibility in a future lock down. This will make every supply chain more sustainable as it will significantly reduce ‘Logistics, warehousing & transportation’ costs. Supply Chain strategies will migrate from lowest unit cost to lowering COST to the planet. This will be a major change where the true cost of every product i.e. the carbon footprint NOT the financial cost only will determine the final decision.- Does the company have a Sustainable Innovation and R&D policy that guides its ‘Innovation’?
The webinar will conclude with a panel discussion with Luxembourg professionals who will express their views on how each of the topics fits into the global and local business environment and respond to questions by the participants.
During this webinar series the participants will be inspired to develop a ‘Company specific – ‘21st Century Board Leadership strategy’ template using the model. This will be reviewed by Dr Ravi Fernando and Raymond Schadeck at the end of the course. The Objective is that every participant takes back a proposal to the company Board/CEO to build on and create a 21st Century Board strategy based on the learning. Every participant should be able to answer the question, ‘What was your learning and how will it benefit our company?