How to make your business more flexible in times of uncertainty

Scottish poet Robert Burns wrote that “the best schemes behind rats and men / gangs”.

In times of uncertainty, the most important trait for any business is flexibility.

With the willingness to adjust plans, deviate from the original strategy, and make small or large axes, your business can be more flexible during stormy weather.

If your business is facing uncertainty and the road ahead is unclear, here’s how to add more flexibility to your plans, plans and strategies.

How to make your business more flexible in times of uncertainty

Accept what you need to defer or change.

If the landscape of your business has suddenly changed, you will also need to make changes within your organization. This is especially the case if you need to tighten the budget and make sure it is spent in the most profitable places.

Take a look at all of your pipeline projects and figure out what needs to be prioritized at the moment, what can be postponed, and what can be wasted.

Encourage every sector in your business:

  • Is now the best time for the projects we are focusing on?
  • Should we adjust our content and communication to maximize value to our audience?
  • Is our budget in the right place, or do we need to change the allocation?
  • Will team members offer the highest value for working on different priorities?
  • Which axis should we make?

If your business is experiencing high levels of negativity or low profits, you may need to revisit some goals or adjust minimum expectations in times of prosperity.

Indicate where your attention is most valuable.

Now that you’ve re-worked on the projects your business is working on, it’s time to look at your to-do list.

Ask yourself: Where can I add the most value with an hour, a day, a week, or a month’s attention?

Even if you can’t predict the future, you may wonder what is the most valuable way to spend your time right now. Make sure your agenda is aligned with the tasks that are more important than the busy ones at your desk.

Maintain transparency with your team.

When your business or industry is going through a crisis, it is more important than ever to have a strong relationship with your team.

To maintain the confidence that is needed for a focused and happy team, make sure the leadership is honest and transparent about where your business stands at the moment, what are the key goals for the future and what are the current challenges. ۔

A flexible business requires a transparent and committed team that can withstand times of change.

Adopt a different way of working.

Building a resilient and resilient business requires a willingness to do things differently than you did before. You may need to adopt new ways of working instead of being stubborn. “But that’s the way we’ve always done things.”

This can include adopting different working styles, such as remote work – which many businesses may need. To help shape your team in the long run, think of team-based policies that you can introduce to encourage better attention, well-being, and productivity.

These may include:

  • Introducing remote friendly apps for video calls.
  • Adopting the company’s extensive communication tool such as Slack.
  • Schedule remote meetings to connect with your team and share information.
  • Encouragement for team members is focused on their mental health and well-being.

Strengthen the foundations.

If your business is less busy with new leads and projects, this is a good time to focus on strengthening the foundations so that you are in the best position when things start to go well again.

Take a look at the key tasks that are often overlooked, for example, improving the communication management process or introducing automated workflows to make your team more efficient.

You can also use it as a time to look at your tech stack and identify weaknesses and areas for improvement.

Here are some questions to help you improve your tech stack:

  • What apps are we paying for that don’t add value?
  • Can some apps be replaced with free tools?
  • Do we have overlapping tools?
  • Where are the opportunities to integrate data between apps to increase productivity?

Uncertainty is hard for any business to deal with, but the right amount of flexibility and resilience can help your organization weather the storm.Take me to projects.

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