Focus on what matters: Customers, employees and partners
Overcome Brexit uncertainties
The full impact of Brexit remains to be seen. The forecasts for the future are highly polarizing and organizations are left in a complicated situation with deep and lasting consequences. As the country prepares for its future, how can you prepare for the unknown it brings to your business?
The great unknown
Brexit represents both great possibility as well as great unknown. Its effects are not limited to just the UK but will be felt throughout the world. Do you have employees, partners or customers that operate in the UK? What does Brexit mean for your organization? How do you prepare?
Get ahead with flexible and effective processes
With the impact hanging in the balance, one thing is for sure, the best defense is a good offense. Be proactive. To survive you must be agile and prepared. Turn your focus to what matters most: customers, employees and partners.
Start with information governance
According to Gartner, information governance is "the effective and efficient use of information in enabling an organization to achieve its goals." And it should begin with an understanding of what structured and unstructured information you have, where it is and why it’s needed. It’s the first step needed to take control of all of your information.
Putting a strong information governance strategy in place will help you prepare for any impact. Getting control over the acquisition, management, retention and disposal of all the information within your business means no matter what the impact of Brexit, you are prepared.
Focus on partners
The nature of contracts is bound to change in the aftermath of Brexit. Specific country requirements for business and revised UK laws based on trade relations may have a massive impact on how organizations relate with suppliers, third parties and all partners both in and outside the UK.
- 1 BBC News, Business Dyson 'enormously optimistic' about post-Brexit trade. March 27.
- 2 Boston Consulting Group. Bridging to Brexit: Insights from European SMEs, Corporates and Investors. 2017.