Companies will need to focus on globalization, innovation, strategic market planning, sustainability and uncertainty in the coming year, according to Tompkins Associates' Top 11 Priorities for Profitable Growth in 2011.
View each list with the links below:
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"Across key industries and areas, we have developed nine Top 11 Priority Lists - Automotive, Consumer Products, Food & Beverage, High-Tech, Logistics Service Providers, Mergers & Acquisitions, Retail, Pharmaceutical, and Service Supply Chain - to help companies plan for 2011," says Jim Tompkins, president and CEO of Tompkins Associates. "While we found a few common priorities across the board, each industry has its own specific set of needs."
The overriding theme across industries is that “uncertainty is certain." Organizations in all sectors will face uncertainty head on in 2011, and the most successful ones will lead - not manage - through uncertainty and grow more agile to deal with unpredictable circumstances.
Globalization also remains a high priority for gaining a competitive advantage. "The benefits of doing business in emerging markets cannot be ignored," Tompkins says. "While the focus has mostly been on whether or not to outsource, the question now may be whether or not to sell into these growing countries and regions."
Read more about the Top 11 Priorities for Profitable Growth in 2011 at the Tompkins Associates Web site: http://www.tompkinsinc.com/2011/Top_11/default.asp
About Tompkins Associates
Tompkins Associates transforms supply chains for profitable growth. For more than 35 years, Tompkins has evolved with the marketplace to become the leading provider of growth and business strategy, global supply chain services, distribution operations consulting, information technology implementation, material handling integration, and benchmarking and best practices. The company is known for innovative, practical solutions that improve supply chain performance and produce value-based results. Headquartered in Raleigh, NC, Tompkins has offices throughout North America and in Europe and Asia. For more information, visit www.tompkinsinc.com.