In a constantly evolving world, arguably the only kind of tradition that matters is the tradition of flexibility. Monopolies, specialist expertise and economies of scale aside, sources of net value may be fleeting. But flexibility is there for the long haul. So why not make your business strategy and entity goals about not just buildingContinue Reading Investment Gains from Leveraging Business Flexibility
How fast should your organisation modernise? Four ways to view this are (1) through the eyes of your key customers – ideally modernise faster than their changing needs (2) relative to your competitors (3) relative to peers in your sector who aren’t your competitors and (4) fast enough to stay compliant with the regulator ofContinue Reading Business Modernisation Rate
‘What if’, scenario planning can foster useful discussion on the kind of future can you expect. Such planning helps a organisation decide whether it should take actions now, in anticipation of various potential futures. Those actions might involve considering; innovation, efficiency and resource focus for greater impact. Unfortunately, in the not for profit sector, manyContinue Reading Scenario Planning, BCP, Risk Registers and Real Options Portfolios
The media frequently report on extreme weather events battering coastlines and causing flooding, whether storms in the UK, hurricanes in the Caribbean, typhoons in South East Asia or cyclones in the South Pacific. Such events cause huge problems for emergency services teams, insurance companies, government environmental agencies, tourism operators, utility companies, boat-run businesses andContinue Reading Business Flexibility, Resilience and Extreme Weather Threats
Workforce resilience arguably includes three aspects; protection, durability and healing. This article examines the middle one, durability (wear and tear) in more detail. Emergency services teams and the military are great HR examples of team resiliency under a range of unexpected, or unplanned operating conditions. The team is tested, sometimes to breaking point. They relyContinue Reading Workplace Resiliency – Durability
Workforce resilience arguably includes three aspects; protection, durability and healing. This article examines the final one, healing in more detail. Health workers are experts in helping people heal after illness or accident. They may even have multiple healing options at their disposal. They adapt the treatments as needed. In the A&E/ER environment, medics handle multipleContinue Reading Workplace Resilience – Healing Rates
McKinsey & Co, World renown strategic consultants, in their article ‘Resilience for sustainable, inclusive growth’, publishing online in June 2022 state that ‘resilience should be seen as the ability to deal with adversity, withstand shocks and continuously adapt and accelerate as disruptions and crises arise over time.’ Meanwhile, sleicest-consulting.org.uk has developed a slightly different definition:Continue Reading Resilience defined
Post Covid, demand for office usage continues to be uncertain. Some ways that businesses, government organisations, education institutions and charities can use flexibility to hedge uncertainty are as follows: Install flexible wall partitions, so meetings rooms become variable in their capacity. Exploit demand for shorter term tenancy leases, including one year leases and one dayContinue Reading Business Facilities and Flexibility
Delivering customer or beneficiary benefits requires 4 ingredients; insight, strategic focus, expertise and business flexibility. Understanding customer or beneficiary needs is the insight. Choosing which of them to meet well involves both strategic focus and expertise. Building up and maintaining business flexibility ensures survival of the organisation in an uncertain world. Perennial business brands typicallyContinue Reading Business and Charity Success
We can live in the past, live for the past (the good old days, when life was simple and easy), consciously draw a line under the past, or simply keep moving forward with purpose and energy. Of course, it’s hard to linger on drawing a line in the sand, when you’re moving at pace. PerhapsContinue Reading Personal Resiliency