{"componentChunkName":"component---src-templates-page-js","path":"/reshapingbusiness/","matchPath":"/reshapingbusiness/*","result":{"pageContext":{"matchPath":"/reshapingbusiness/*","data":{"id":"playlist-04","seo":{"title":"How do you restructure your business for a reshaped world?","description":"","image":"https://impact.economist.com/projects/real-world-strategy/images/share4.jpg"},"link":{"id":"playlist4","basePath":"/reshapingbusiness/","path":"/reshapingbusiness/1/","type":"brand_ey_parthenon","img":{"thumb":"/images/playlists/thumb_pl_04.jpg","full":"/images/playlists/full_pl_04.jpg","alt":""},"label":"Turnaround Strategy","pretitle":"Turnaround Strategy","title":"How do you restructure your business for a reshaped world?"},"menu":[{"id":"playlist8","basePath":"/ceo-video-series/","path":"/ceo-series/","type":"brand_ey_parthenon","watermark":"ceo","img":{"thumb":"/images/playlists/thumb_pl_08.jpg","full":"/images/playlists/full_pl_08.jpg","alt":""},"pretitle":"Strategy in Action:<br/>A CEO Series","title":"Watch Now"},{"id":"playlist6","basePath":"/ceo-strategy/","path":"/ceo-strategy/1/","type":"brand_ey_parthenon","img":{"thumb":"/images/playlists/thumb_pl_06.jpg","full":"/images/playlists/full_pl_06.jpg","alt":""},"label":"CEO Strategy","pretitle":"CEO Strategy","title":"How do you encourage courage?"},{"id":"playlist10","basePath":"/esgstrategy/","path":"/esgstrategy/1/","type":"brand_ey_parthenon","img":{"thumb":"/images/playlists/thumb_pl_10.jpg","full":"/images/playlists/full_pl_10.jpg","alt":""},"label":"ESG Strategy","pretitle":"ESG Strategy","title":"How do you embed sustainability into traditional corporate strategy?"}],"content":[{"brand":"brand_ey_parthenon","duration":10,"bg":{"type":"video","desktop":{"id":"v3:JUeqJpDz2","tracker":"12hmaprzj22sms5h2k33nniq8v842hmaprzj52u3cy49p63kaj2bwo735rgniab83iaar1bp92czz3ou1a22cufb1jb2vm0kvsyc1nr3dhpad9drn0e9ne3hacn309f1gsmv9okg1zwrcrxbh4wlq1l1fvajr"},"mobile":{"id":"v3:7N_MjOCnM","tracker":"12hmaprzj22sms5h2k33nniq8v842hmaprzj52u3cy49p63kaj2bwo735rgniab83iaar1bp92czz3ou1a22cufb1jb3t3sp2pcc1nr3dhpad3bv4tycce3hacn309f1gsmv9okg1zwrcrxbh4wlq1l1f6ycz"}},"preview":{"thumb":"/images/previews/preview-04-01.jpg"},"card":{"cls":"top","showDots":false,"forceWidth":375,"title":"Unsung","desc":"Samsung originally sold noodles&nbsp;— in 2020 it was the top-selling smartphone vendor worldwide"},"ctabar":{"label":"Discover how to reshape your organization in the face of today’s disruption","link":"https://www.ey.com/en_gl/services/strategy/restructuring-turnaround-strategy"}},{"brand":"brand_ey_parthenon","duration":10,"bg":{"type":"video","desktop":{"id":"v3:D7yX4og3nA","tracker":"12hmaprzj22sms5h2k33nniq8v842hmaprzj52u3cy49p63kaj2bwo735rgniab83iaar1bp92czz3ou1awjkxv2lsbkaen0cm2c1co3rtlgd3odu7w1ue3hacn309f1gsmv9okg1zwrcrxbh4wlq1l1f2mnu"},"mobile":{"id":"v3:-peU2Tk840","tracker":"12hmaprzj22sms5h2k33nniq8v842hmaprzj52u3cy49p63kaj2bwo735rgniab83iaar1bp92czz3ou1awjkxv2lsb1ipk59coc1co3rtlgd2gnykso1e3hacn309f1gsmv9okg1zwrcrxbh4wlq1l1f37hs"}},"preview":{"thumb":"/images/previews/preview-04-02.jpg"},"card":{"cls":"top","showDots":true,"forceWidth":380,"title":"How do you reshape your business in times of great uncertainty?"},"readmore":{"type":"info","exitCtaOverride":{"link":"https://www.ey.com/en_gl/services/strategy/restructuring-turnaround-strategy"},"body":[{"type":"CopyBlock","content":{"title":"Businesses today are no strangers to stress — but yesterday’s strategies will no longer cut it","paragraphs":["Organizational disruption is nothing new, but it’s how businesses respond to disruption that defines their future. There is no way of turning adversity into opportunity without a solid strategy; yet even the strongest strategy can become obsolete if its execution falls short.","From the COVID-19 pandemic to geopolitical tensions, it would be hard to overstate the disruptive influence of 2020. No sector has been immune to the impact of global uncertainty and unforeseen setbacks brought about by the pandemic — and its repercussions are ongoing.","Upheavals have ranged from cross-border trade restrictions and shareholder activism to unprecedented supply-chain issues. According to the 2021 EY CEO Capital Confidence Barometer (CCB), the pandemic has caused organizations to re-examine every part of their business. CEOs and the C-suite are planning to invest in both revenue and operational elements: 63% report plans to increase investment in digital transformation while 57% intend to increase investment in customer engagement. In volatile times, business leaders are taking steps to reshape and restructure in a bid to preserve and even create value."]}},{"type":"ArcChartBlock","content":{"chart":{"value":0.86,"title":"86%","desc":"of executives led a comprehensive strategy and portfolio review in 2020"}}},{"type":"CopyBlock","content":{"paragraphs":["Organizations are becoming increasingly aware that disruption on a global scale calls for company-wide reassessment and re-evaluation, and many are identifying entrenched business practices that no longer serve the needs of the “new normal”. The CCB has also revealed that more than 86% of executives led a comprehensive strategy and portfolio review in 2020. Of these, two-thirds were unplanned and conducted as a direct response to changing events. There’s no doubt that many businesses were unprepared for a crisis of this scale, but a strategic opportunity now presents itself for companies to revise and refine both what they do and how they do it.","Over the past year, organizational vulnerabilities and fault lines have been exposed like never before. As 2021 continues, businesses need to adapt — and fast — in order to retain and strengthen their competitive advantage, be it through reshaping their purpose, streamlining communications, adopting innovative technology or even collaborating with the competition.","Our world has been radically reshaped by COVID-19: if they want to survive, companies must now respond in kind, at scale and at speed."]}}]}},{"brand":"brand_ey_parthenon","duration":10,"bg":{"type":"video","desktop":{"id":"v3:dp1YVHk0a0","tracker":"12hmaprzj22sms5h2k33nniq8v842hmaprzj52u3cy49p63kaj2bwo735rgniab83iaar1bp92czz3ou1awjkxv2lsb341walwmc1co3rtlgd2f0028u1e3hacn309f1gsmv9okg1zwrcrxbh4wlq1l1f5rtr"},"mobile":{"id":"v3:nZvQSFUjb6","tracker":"12hmaprzj22sms5h2k33nniq8v842hmaprzj52u3cy49p63kaj2bwo735rgniab83iaar1bp92czz3ou1awjkxv2lsb3lzuhd7kc1co3rtlgd39ptlr9ae3hacn309f1gsmv9okg1zwrcrxbh4wlq1l1f3d34"}},"preview":{"thumb":"/images/previews/preview-04-03.jpg"},"card":{"cls":"top quote","hangQuote":true,"forceWidth":410,"showDots":false,"pretitle":"Reshape everything","title":"Being bold and decisive is more important than ever before”","desc":"Mona Bitar, EY UK&I Consumer Leader"},"readmore":{"type":"info","label":"Watch now","exitCtaOverride":{"link":"https://www.ey.com/en_gl/real-world-strategy?WT.mc_id=10331131&AA.tsrc=display"},"body":[{"type":"CopyBlock","content":{"title":"In times of change, why would your business stay the same?","paragraphs":["As organizations reflect on the impact of COVID-19 and look to new strategies for the future, how should they reshape to fulfil their potential?","For companies facing unprecedented uncertainty and instability, the big question now is how fast they can react to a changed present and prepare for an unpredictable future.","Andrew Wollaston, EY Global Reshaping Results and Turnaround and Restructuring Strategy Leader, Jon Morris, EY-Parthenon UK&I Reshaping Results Leader, and Mona Bitar, EY UK&I Consumer Leader, discuss reshaping results amid global disruption."]}},{"type":"VideoBlock","content":{"src":"https://players.brightcove.net/1153191510001/default_default/index.html?videoId=6250060154001","title":"Playlist 4 episode 2"}}]}},{"brand":"brand_ey_parthenon","duration":10,"bg":{"type":"video","desktop":{"id":"v3:ycSc8sYSf","tracker":"12hmaprzj22sms5h2k33nniq8v842hmaprzj52u3cy49p63kaj2bwo735rgniab83iaar1bp92czz3ou1awjkxv2lsb3ljvp1z2c1co3rtlgd3qspo66fe3hacn309f1gsmv9okg1zwrcrxbh4wlq1l1fj1a2"},"mobile":{"id":"v3:r6LWVq97A","tracker":"12hmaprzj22sms5h2k33nniq8v842hmaprzj52u3cy49p63kaj2bwo735rgniab83iaar1bp92czz3ou1awjkxv2lsbe382b9dwc1co3rtlgd123p2m9de3hacn309f1gsmv9okg1zwrcrxbh4wlq1l1fwdd1"}},"preview":{"thumb":"/images/previews/preview-04-04.jpg"},"card":{"cls":"top","forceWidth":370,"showDots":false,"title":"Nerves of steel","desc":"How decisive action and collaboration helped British Steel forge a new chapter"},"readmore":{"type":"info","label":"Watch now","exitCtaOverride":{"link":"https://www.ey.com/en_gl/strategy-transactions/how-to-determine-a-solid-path-forward-in-a-liquidation?WT.mc_id=10331132&AA.tsrc=display"},"body":[{"type":"CopyBlock","content":{"title":"How a new chapter was forged for 150-year old British Steel","paragraphs":["British Steel needed a buyer to avoid closure and to continue the iconic brand, but a sale was never guaranteed. With the right team by its side, the historic organization secured the opportunity to forge a long-term, sustainable future."]}},{"type":"VideoBlock","content":{"src":"https://players.brightcove.net/1153191510001/default_default/index.html?videoId=6250516380001","title":"Playlist 4 episode 3"}}]}}]},"id":"playlist4"}}}