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 great possibilities and great unknowns. Still shrouded in uncertainty, its effects are by no means limited to the UK, but will also be felt worldwide. What does Brexit mean for your organization? What does it mean for employees, partners and customers operating in the UK? How should companies prepare?
Get ahead with flexible and effective processes
With its impact hanging in the balance, the best defense is a good offense. Be proactive. To survive, companies must be agile and prepared, focusing on 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." Information governance should begin with an understanding of what structured and unstructured information companies have, where it's located and why it’s needed. Governance is the first step needed to gain control of all information.
Putting a strong information governance strategy in place will help prepare for any impact. Getting control over the acquisition, management, retention and disposal of all the information within a business means no matter what the impact of Brexit, businesses will be prepared.
Focus on partners
In the aftermath of Brexit, the nature of contracts is bound to change. 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.