As seen today, there are 2 most probable scenarios of economic growth likely to unfold as we move forward. One is a drawn-out U-shaped recovery where we will see prolonged quarters of sluggish growth before the upturn. The other scenario could be a faster recovery as the economic activity opens up but with multiple dips as the virus outbreak necessitates regular containment efforts.
As a leader, your primary focus needs to be on the long term rapidly adapting to the new reality. As you consider how to move ahead, you need to think thru what needs to be done in either of the scenarios or possibly different ones. How can you be better prepared? What challenges would you need to mitigate?
This is your opportunity to transform. Here are a set of guiding questions that should help you stick to a clear vision determining how you can win in a highly unpredictable post-pandemic world:
In order to set your organization on the recovery path and then scale up as planned, your time should be dedicated to challenging the assumptions which have brought you success so far and plan for the future taking your team along with clear thinking, communication and action plans. For ‘It is the most adaptable that win the day’.