3 Adaptive Strategies Every Business Needs to Navigate Uncertain Times Ahead
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Most business executives agree that the past few years have been anything other than ordinary. The atypical has become a part of our daily lives, from unprecedented circumstances such as the global Pandemic to record-setting inflation. The U.S. military coined acronym VUCA (volatile, uncertain, complex, and ambiguous) is more relevant today than ever before. It is a description of the challenges that business leaders, teams, and organizations face in uncertain times. These unpredictable forces require a new approach. Instead of looking to the past to rewrite our future, we would benefit from paving a new path towards resiliency — one that takes a holistic approach in today’s business environments.
Leaders are now faced with ongoing challenges that they have not been prepared for. For many entrepreneurs, resiliency has not been an imperative leadership characteristic. However, those who exhibit this quality are adapting to the chaos — honing a renewed sense of optimism and seeking out resources to lead forward.
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