Managing in Times of Abrupt Disruptions 2: The Path Forward
Running a business is predicated on two things:
- Making decisions
- Executing the decisions made well
The importance of rational, effective decision making in a crisis cannot be overstated; the biggest impediments to making such decisions are risks and uncertainty. Profound disruptions resulting from technological innovation and the instantaneous dissemination of data and information are exacerbated by the global economic crisis caused by the ongoing COVID-19 pandemic. An organization's current situation is largely the result of key decisions made 24 to 36 months ago. With so many critical corporate risks facing organizations, what mitigating strategies work best? We work with our clients to identify the optimal skills needed to successfully manage disruption and to thrive.