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Telford Engineering

MEXIT response strategy


April 27, 2021

This study source was downloaded by 100000849709639 from CourseHero.com on 07-09-2022 05:18:59 GMT -05:00
Re-organization strategy

► Move quickly, but always with a plan

► Analyze your human capital resources

► Set differentiated targets and consider making focused


investments.

► Involve your full leadership team.

► Allow some flexibility in how the new organizational model is


implemented.

► Communicate the changes as quickly — and humanely — as


possible.

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Seeking New Markets strategy

► Seek to work along with new countries outside of CETA

► Analyze markets with cheaper labor

► Target wealthy markets with strong currencies ready to pay more

► Explore technological advancements in foreign markets

► Look for opportunities to hedge for currency fluctuations.

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THANK YOU

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