Managing Your Business
in Times of
Managing a business – not just to survive but to thrive as well – has never been more challenging.
This website is dedicated to helping executives, managers, and entrepreneurs achieve success despite the enormous challenges.
Managing Uncertainty Blog
This sharply-focused blog is aimed at building a solid base of practical information on managing a business during fast-changing conditions and great uncertainty.
We are all working in a very different world that will never return to “normal” but will evolve into something new for which most past practices will be ill-suited.
Effective new management practices will be those developed by trial, assessment, and adaptation. Learning by doing. Innovation will be critical.
The blog will try to touch on every important practice that readers might find of value.
Managing in the world as it is
We just have to wait until the world returns to normal. All we need to do is a few steps that accommodate the current disruption, which will go away soon.
Do you believe that “normal” will return reasonably soon?
Evidence, growing every day, says no. One of our tools is designed to track this evidence. What it says right now is that we are experiencing fundamental changes and that “normal”, aka the past, will never return. We must deal with the world as it evolves, not as we wish it might be. How can we do this?
So much has been written about why the world is misbehaving but none of this provides effective guidance about direction or practices.
Worse yet, there are so many different opinions on what is going on, with agendas and viewpoints from every angle, that it is mostly impossible to decide which one is reality.
To manage a business effectively in such a world, we have to figure out how to work within a constantly changing context – one that we may not really understand. This operating context is the world as it is (for the moment at least).
Management practices generally assume a reasonable degree of stability and predictability. They apply to a world that no longer exists.
Can these practices work in the world as it is today?
Almost certainly not.
If this is truly the situation for managing today, what to do?
The default appears to be along the lines of “deal with each day as it unfolds”, a kind of roll-with-the-punches approach. You will immediately see that this is an almost certain recipe for disaster at some point.
Outlines of a new set of effective management practices are already beginning to appear. One of the most important is agility.
Agility, usually defined in the context of sports, refers both to the ability to move quickly and easily and to the ability to think and understand quickly. It is an essential skill in situations that are changing rapidly and often unpredictably, which sounds like our business world today, yes?
Business agility, however, is not a personal skill but an organizational skill. The business – and specifically its management – must be able to think and understand quickly and then to move quickly and effectively.
This critical skill is not present to any real degree, especially in most larger businesses. Yet it is vital for survival in the near-term and ultimately for success in the longer-term.
Tools & Examples
Managing in uncertain, unpredictable times requires a much different set of tools and approaches. What worked in past will not work in what we face now.
These tools and approaches unfortunately have not yet been developed and tested. It is far from clear what we need and what may work effectively.
To help you get a start on tools that might be of value to you, this section offers some simple tools as well as several examples of how they might be used.
These are offered free to readers in the hope that improvements may be shared as well.
For site users who may be interested in specific help with their situation and challenges, business coaching services are available at a modest cost.
These services are fully online, as so much else today, but with the important goal of providing valuable coaching process narratives.
As explained in detail in my short book Executive Coaching Insights (Amazon Kindle), process narratives can greatly enhance the coaching effectiveness.
You will be able to take advantage of my extensive and varied experience.