Agile Strategy During Crisis
During times of crisis, leaders need to focus on the countless urgent needs of the business. You need to make quick, and sometimes painful, decisions. Taking risks with an eye to the future might feel contrary to the desire to be protective of your operations. An agile approach to strategy can help you lead your team and take actions that help you to shift in crisis while positioning your organization to emerge from crisis successfully.
Your strategy should enable you to adapt, not hold you back, during times of chaos and uncertainty. The COVID-19 crisis is an extreme situation, exacerbating and highlighting the constant change and disruption that have characterized the environment over the past few years. During these uncertain times, your strategy provides guardrails for decision making.
Agility involves evaluating a rapidly evolving business environment, testing ideas, and continuously iterating on a living strategic plan. Your strategy tells you who you are and what you are known for, things that are important to hold on to, even now. If you don’t have a living strategy, we recommend you set aside time to rapidly clarify the defining elements of your organization. Does everyone on your team know your values, mission, and unique market proposition? What are the non-negotiable aspects of your culture? Once that critical, strategic first step to navigating successfully through this period is complete, you will have a better sense of how best to maneuver through this ever changing landscape.
Click here for more on agile strategic planning.
You may also be interested in:
A Conversation with Leadership Coach Amelia Truett
We sat with Amelia Truett, one of our executive coaches, to hear more about what it’s like to coach and be coached. We spoke about the power of questions, her path to becoming a coach, and the value that coaching generates for clients.
How do you move your organization from conversation to action? It might look different than you think.
As the national conversation surrounding diversity and inclusion continues to gain momentum, a simple yet powerful truth resonates: depending on their identity, employees experience the workplace in vastly different ways. With an energized workforce and an intensified spotlight on leadership, the time is ripe for action. But how? How do you move your organization from conversation to action?
Conscient Leaders: Interview with Al Johnson and Broderick Young
In our first interview for the “Conscient Leaders” series, we spoke with Broderick Young and Al Johnson, wealth management experts and founders of Reveal Wealth, about what it takes to be a better business leader in today’s world. Three things to focus on: Environment, Empathy, and Equity.
Ready to grow a stronger organization?
Contact us to get started.