5 Steps To Help Your Company Be Resilient Amid Social Change

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Use this framework to adapt your services or products to a changing landscape.

4. Decide whether you can utilize existing processes being applied elsewhere or need to build out new techniques or resources.

When you feel under pressure to act, be smart. To be most efficient and effective, take advantage of processes that you have in place to try and solve issues. You may not have to reinvent the wheel. When time is of the essence, you want to pull from what you already have in place, whether that is an algorithm or the wording of a policy you had used beforehand. In some instances, however, you may find that you must build a new process to best address the issue.

To ensure you act smart, collaborate with others. Bring together cross-functional teammates to ensure your decisions are based on a thorough evaluation of the situation.Reflecting on the situation and how you handled it is equally important to your real time response. Conduct anto identify strengths and weaknesses so that you can take concrete steps to improve. Proactive risk mitigation is key to the continuity of your company’s operations.

Amid the rapidly changing landscape in society, your company’s resources could be hailed as the best invention ever one day and be despised by society the next day. While you can’t control external events, you can be prepared to respond. Identify the external situation and how that connects with what your organization provides. Figure out how you can address the situation, considering both existing processes that you can leverage and what processes you need to create to adapt to the situation at hand. Use what you learned in the current instance to bolster your readiness for future, unforeseen circumstances.

 

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