If and How to Deviate from Strengths during Tough Times

Due to the corona virus pandemic, some industries have suffered severe downturns. Mandates may force businesses to operate quite definitely than they did before. And, pandemic generated consumer fear can also depress business.

In my previous writing, I encouraged businesses Continue reading “If and How to Deviate from Strengths during Tough Times” »

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Avoid Delusions about Company Vision

Despite the pervasiveness of the corona virus, the media does feature some stories that are not primarily driven by the pandemic. An example is a recent Wall Street Journal article about what went wrong with GE’s bold vision “to Continue reading “Avoid Delusions about Company Vision” »

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Crisis Can Revitalize Old Ways

So much has changed as a result of the corona virus crisis. Many products and services saw demand plummet, often because of mandates. On the other hand, some products or services can actually experience revitalization as a result of the crisis.

An example is Continue reading “Crisis Can Revitalize Old Ways” »

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Transition to New Technology and Honoring Company Roots

Lately, much business news has been about the impact of the corona virus crisis. However, some business news does cover other areas. These other areas were often an issue well before the virus crisis, but they may affect how a company deals with the crisis and/or with reopening.

An example is the tension between Continue reading “Transition to New Technology and Honoring Company Roots” »

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Avoid Common Traps in Crisis Related Plans to Pivot the Business

Many businesses are experiencing serious revenue loss due to the corona virus crisis. Instead of just waiting it out, however, some may look for ways to pivot into areas that might bring new revenue to replace what has been lost.

For example, Continue reading “Avoid Common Traps in Crisis Related Plans to Pivot the Business” »

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