Business
OPPORTUNITY IN CHAOS
How to Live and Work While Riding the Waves of Change by Cathy Forner
Last month, we talked about what you can do in your business to be innovative during this time of change. Although the economy is being re-opened, the pandemic is still a threat, and we will be working on business recovery for quite a while.
Here are some more thoughts, as you navigate the shifts and changes, on what you can do to position your business well: 1. Be open to change. During change is a good time to make changes. I know that sounds kind of weird but consider this: Have you tried to make changes in your business and you get pushback, resistance and barriers? Times of great change can be scary, with all the unknowns, but this is the paradox of where we are at. You are in a place and time for changing the way things have always been done. You can use this time to explore what might be possible. A crisis is a great time to ‘unfreeze’ what you have always done, make big changes and then refreeze to create stability. If you can focus on what you are really good at, what opportunities can you leverage and take advantage of? 10 |
2. Notice new trends. What trends and big changes are you noticing in the world? Take time to look around. What are you seeing and what do you need to consider? What are you good at and how can you find new ways to get your product to your clients? What is the community going to need from you and your business right now, in a week, in a month? Two of the big changes are the move to online and virtual. How do you reinvent your business for your staff, clients and processes? 3. Scenario Planning. There are three types of plans or planning that you can be considering now and into the future. Below is a graph (a reminder from last month) which shows when you need to be each type of planning and using scenario-based planning will help you and your team focus and explore what needs to take place.
Bringing on a Project Consultant can help you plan and manage for potential risks and scenario planning is a great way to explore those
