The document discusses strategies used by various companies to deal with volatility, uncertainty, complexity and ambiguity (VUCA). It provides examples of how Vodafone, Tata Motors, and Cadbury India invested in infrastructure, innovation, customer retention and selective new products during economic slowdowns to strengthen their businesses for the future. Communication with stakeholders is also highlighted as an important strategy.
The document discusses strategies used by various companies to deal with volatility, uncertainty, complexity and ambiguity (VUCA). It provides examples of how Vodafone, Tata Motors, and Cadbury India invested in infrastructure, innovation, customer retention and selective new products during economic slowdowns to strengthen their businesses for the future. Communication with stakeholders is also highlighted as an important strategy.
The document discusses strategies used by various companies to deal with volatility, uncertainty, complexity and ambiguity (VUCA). It provides examples of how Vodafone, Tata Motors, and Cadbury India invested in infrastructure, innovation, customer retention and selective new products during economic slowdowns to strengthen their businesses for the future. Communication with stakeholders is also highlighted as an important strategy.
The document discusses strategies used by various companies to deal with volatility, uncertainty, complexity and ambiguity (VUCA). It provides examples of how Vodafone, Tata Motors, and Cadbury India invested in infrastructure, innovation, customer retention and selective new products during economic slowdowns to strengthen their businesses for the future. Communication with stakeholders is also highlighted as an important strategy.
VUCA VUCA STRATEGIES Vodafone • During the slowdown, Vodafone invested in refreshing its shops and changed the shop formula to a far more open and attractive environment. As part of defence, company did not reduce marketing spends Vodafone • During slowdown Vodafone has kept investing on infrastructure and in brand-building despite consumer growth levelling and also focused on customer retention. Tata Motors • Innovation and experimentation is key, companies constantly look at new product innovations. Tata Motors • Tata Motors Launched its successfully small commercial vehicles business. Ace a small truck of 0.75 tonne was a new concept for India. Tata Motors • The company had foreseen that small transporters and businessmen would want something like a truck, but in a smaller size. After Ace was launched, many other vehicle manufacturers followed suit. Tata Motors • Always be ready to experiment things. • Tata Motors collaborated and formed network with other firms. In today’s time, no company can do things on its own. You have to be interconnected with other firms. Tata Motors • Not depending on single plant(Pune). Established plants in Pantnagar(UP), Dharwar(Karnataka)Sananad(Gujarat). It has become very polycentric, using suppliers from different locations and networking . Cadbury India
• Cadbury India considered selective bets and
investments during slowdown. • It reduced costs and increase productivity. Cadbury India
• Cadbury India Ltd also focused on core
strengths, new products and make prioritized and future-oriented investments during a slowdown. Cadbury India
• Cadbury India launched Tang, a drink mix, and
Oreo cookies in India when the global economy was reeling under the effects of the financial meltdown. Cadbury India