In times of uncertainty, employees crave clarity. As a leader, you won’t always have all of the answers – no one expects you to – so you must be open to listening and learning from others. Once you understand a particular challenge and outline the options, you have to be confident in making bold and optimistic decisions. Marillyn Hewson
With the amount of uncertainty in the business environment at the moment, it’s easy to sit back and wait for things to settle down. The “she’ll be right” attitude has already seen some businesses close their doors.
For some strategy mentors, taking this course of action will be Ostrich like and could prove to be a flawed strategy. Does anyone really know how long this will take to return to a sense of normality?
For those who want to be proactive and review their strategy, this is a perfect time to get close with their business drivers. Some questions to ask yourself NOW would include things like:
What direct impact is this having on my business?
Do I understand my financial position and is it robust enough to keep trading for at least 6 months?
Are there options to add value to our clients through new / different products or services?
Are our people being kept up to date and are we getting the most out of them?
The luxury of time is quickly slipping away and being replaced with a necessity to get very aware of how your strategy will handle these times. Innovation will help see you continue to grow… inactivity and denial will not.
To lock in a Strategy session and get clarity on how you can stay in business get in contact with the team !
Please don’t wait and get in contact today.
The Mentoris Group
0401 610 666