1、Winning Through Adversity June 2023 By Alexis Bour,Yaschin Mohabir,Julien Rajan,Nadeem Kola,Jozef HandsBoston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities.BCG was the pioneer in business strategy whe

2、n it was founded in 1963.Today,we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholdersempowering organizations to grow,build sustainable competitive advantage,and drive positive societal impact.Our diverse,global teams bring deep industry and function

3、al expertise and a range of perspectives that question the status quo and spark change.BCG delivers solutions through leading-edge management consulting,technology and design,and corporate and digital ventures.We work in a uniquely collaborative model across the firm and throughout all levels of the

4、 client organization,fueled by the goal of helping our clients thrive and enabling them to make the world a better place.Contents01 Introduction02 South Africa is facing slow economic growth,but opportunities remain for companies with a growth mindset.03 Companies facing an adverse economy should lo

5、ok at both the“WHAT”and“HOW”of a transformation.05 The“WHAT”:Levers to build resilience and increase margin despite adversity.Explore Adjacencies to Existing Business With Upside Potential During and Beyond the Current Slowdown08 The“HOW”:Enabling a winning strategy through robust change management

6、and business transparency.Transparency on market trends,own operations,and competitors is critical for decision-making on what to prioritise.Investing in enhanced capabilities bolsters a transformation effort and increases long-term resilience.12 Conclusion:Responding to downturns requires a playboo