As part of any business review, a discussion of economic change and its cascading effects are vitally important. One topic each company should keep an eye on is the rapid change in the use of the commercial real estate. This change will cascade through the economy in 2021 and beyond. Some examples are how will it affect the way employees see work, opening the recruitment of talent across geographic lines, and how big an economic toll? Many city governments have seen dramatic losses in revenue with the need for its services increases. This may cause economic disruption. These issues are unfolding and may have an impact on your business assumptions. How and when does your leadership team speak about these and other issues? If you don’t already, add it to your monthly or quarterly business discussions. A good robust discussion can help make important changes to your plan to navigate the continuing business changes. #economy #leadership #strategy #management #smallbusiness
How much time are you spending on Offense?
Recently, I read an article about the presidency of George H.W. Bush. The author made an interesting point that Bush’s national security team was great because of what did not happen during the dissolution of the Soviet Union. They deftly managed it, allowing for the...