As Boards and CEOs, the task is clear: To lead organisations – teams – that will outperform in uncertain times. When faced with volatility, leaders that take initiative and move rapidly will succeed more. Whilst every external challenge may be unique, every leader’s toolbox needs a ready prepared response to radical change: A business continuity plan that is effective and can be executed faster than your competitors.
The required initiatives and execution speed will come from a plan that is properly specified and a leadership team at ease with uncertainty. Forming an effective response, before disruption hits, is critical if your leaders are to be ready to move fast whenever conditions demand: to lead your teams and care for customers, to protect the business and to make positive changes for the future. Working through this three-point plan with your leadership team, will ensure they are ready when conditions demand. So your team will outperform, when it matters most.
The Way Ahead Series, by Mercuri Urval
Our team advise and support thousands of leaders across all sectors, as they find their organisations Way Ahead. In this series of articles our CEO, Richard Moore, distils practical advice from real leader successes and challenges. Advice focussed on how leaders can ensure their organisations – teams – outperform, through and beyond whatever uncertainty lays ahead.
To look after your people and customers, the better prepared you are, the more resilient your response will be:
To protect your business, a solid buffer, cost flexibility and swift action is key:
This three-point plan will secure a solid base and swift response to disruption. By being ready, your team can stay ahead. And that is vital if your organisation is to outperform through uncertainty.