How do we focus our efforts on safeguarding our organisations in the current volatile business climate? There are no easy answers, but the most probable and easy solution is to focus on three key factors; direction, energy and alignment.
Organisations have to cope with the myriad of 'disrupter factors' impacting on their very existence. There is no simple solution for all businesses as they differ in their origin, sector, history, Culture, market, clients, users, their risk aversion and preference as to how they should manage change.
Risk Aversion and Managing Change
What is critical in managing in uncertain times is the organisational Leadership team intently concentrating on what is vital to establish, not just in the short term, but also to be viable in the medium and long term. Direction, energy and alignment are three core elements that will ensure that organisations come through this extended period of uncertainty.
Focus, Energy & Alignment
To get through these tough times, organisations need to pinpoint their focus and business direction totally on their client or end-user. Based on this, the Leadership team need to develop specific business plans reflecting their focus and vision for the future. A Leadership team exhorting motivating but non-specific generalised statements of direction based more on faith, luck and hope, rather than factual analysis, is of little value. In all sincerity, if the business doesn't articulate where it is going and how it is going to achieve this then there will be severe problems.
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