Vulnerable to external change?

If you are not actively paying attention to what’s happening around your enterprise—as well as what’s coming in the future—and evaluating what the impact may be, you are vulnerable. Obviously, we cannot know everything. We can recognize enough to eliminate surprise. When your organization is vulnerable, you can be surprised, often negatively, by something that happens that causes a setback or that limits your ability to seize a market opportunity. Even if you’re aware of potential change, you might not be imagining the impact.

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What's your risk approach?

This post will challenge you to think about your decision-making about risk and two factors you'll want to consider.

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Managing three time horizons

Change can feel overwhelming and chaotic, even if the change is ultimately positive and desired. Here's a concept to support you in visualizing and managing change.

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Coronavirus Planning: Try this Technique to Make Clearer Decisions

The importance of peering into the future to see what uncertainty is ahead is a critical skill for all leaders today. It should also be a mandatory exercise for strategy development. Today, one future came to be. We cannot rewind time. But the worst-case scenario of this version of the future has not yet happened. So let’s see what we can do.

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What You Need To Do About The Future

If you’re like most of my best clients, you’re well aware, consciously or subconsciously, of myriad changes all around you. I’ve noticed that leaders new to their organizations are exceptionally attuned to this knowing. Long-time leaders can sometimes become inured, unless a crisis suddenly lands in their laps. Because the flow of information across networks is so fast—beyond fast, it’s immediate—we’re expected to change fast. Make decisions fast. React fast.

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