2020 was a year full of major shifts and uncertainty. The impact of the global pandemic are still there haunting everyone including business owners. It is also predicted that even with how vaccines are being distributed, the shifts will remain in 2021 and years ahead. 2020 was when you did quick pivots. However, this time, your business pivot should be based on insight and purpose not only gut instinct.
Navigate through difficult situation with insightful and purposeful choices
In the past year, you probably made quick decision based on the circumstances. Many of them were made in such a hurry just based on survival instinct. However, you need to determine things based on insight and purpose in 2021. it is time you make decision that will help you to navigate your business better and move forward. Here are what you can do:
A dynamic decisions
Make decision that can help you move forward not stay stagnant. Sometimes, you need to be more flexible to do so because some people are being too romantic about their ideology that they refuse to change their model business even if it’s for the better. Remember that when you are being dynamic, you have more flexibility to move as you wish. You are presented with more choices and alternatives. It helps you make the best decisions in real-time so you know what you need to become in the moment and in the future.
Your people are your priority
When you put your people in one of your top list priorities, you will be careful when making decision. You will not carelessly make decision that can put them in bad place. Drastic measures such as laying off your employees during crisis can bring negative impact to them. When they are your priority, you will think of more possible plan such as enacting short-term furlough and promise to bring them back to full-time status soon as the situation gets better. Act of solidarity will impact wonderfully. Your employees will take their part and you can fulfill your promise with ease.
Company culture first
Stick to your company culture since it is your foundation. During crisis, company culture will help guide you to make the best decision. Company culture is important driving force for business. Even though it is something hard to maintain especially during crisis, it is also the thing that can keep everyone stay strong together.
Pivoting on WFH situation
It has been a year that work from home policy being applied. Many shifts and challenges happened but those who can pivot well are those who can survive and thrive. Work from home sounds easy but there are so many spoken and spoken struggles everyone have experienced. Again, the way you pivot is important to make any transition runs smoothly. Even if there are bumps, at least everyone can stay safe without so much bruise.
It is why making insightful and purposeful choices are crucial when running business especially during crisis. In 2021, your business pivot will determine how you will do it in months and years to come.