Business & Leadership Insights
Our latest thinking on the issues that matter most in organisations.
In a world of constant change, embracing the unknown is an essential skill. But what happens when change occurs unexpectedly, leaving us feeling overwhelmed and unprepared? This is where coping strategies come into play. In this article, we will explore the concept of unplanned change and provide effective strategies for navigating through it with grace and resilience.
Whether it's a sudden shift in the workplace, a significant life event, or global circumstances beyond our control, unplanned change can disrupt our lives and trigger stress and anxiety. However, with the right coping mechanisms, we can not only survive but thrive in the face of uncertainty.
From cultivating a growth mindset and building emotional resilience to embracing flexibility and seeking social support, there are numerous strategies that can help us adapt to unforeseen circumstances. By implementing these coping strategies, we can transform unplanned change into an opportunity for personal growth and transformation.
So, if you find yourself faced with unexpected change, don't panic. Instead, learn how to navigate the unknown and emerge stronger on the other side. Let's dive into the world of unplanned change and discover the coping strategies that will empower you to embrace the unknown.
19/11/2023 0 Comments
In the age of economic uncertainty, globalisation is both a source of opportunities and challenges. The interconnectedness of economies and the ease of cross-border transactions have undoubtedly opened up new avenues for businesses to expand and thrive. However, the current global landscape also presents a myriad of challenges that businesses must navigate to sustain growth.
The COVID-19 pandemic, rising nationalism, and trade tensions have fuelled uncertainty in the global economy, forcing companies to rethink their strategies and adapt to new market realities. In this article, we will explore the various opportunities and challenges posed by globalisation in the face of economic uncertainty.
From a business perspective, globalisation offers access to new markets, a larger customer base, and potential cost efficiencies through outsourcing and offshoring. On the other hand, it also exposes companies to heightened competition, supply chain disruptions, and political risks.
By understanding the implications of globalisation in times of economic uncertainty, businesses can better position themselves to harness the benefits while mitigating the risks. Join us as we delve into the complexities of the global economy and uncover the strategies that can help businesses navigate this ever-changing landscape.
In today's fast-paced and ever-changing world, innovation has become the key to unlocking success. With technology advancing at an unprecedented rate, businesses and individuals must constantly adapt and evolve to stay ahead of the competition. The power of innovation lies in its ability to disrupt traditional methods, challenge the status quo, and pave the way for groundbreaking solutions. Whether it's a new product that revolutionises an industry or a fresh approach to problem-solving, innovation drives progress and propels organisations to new heights. It is the fuel that ignites creativity, fosters growth, and opens doors to endless possibilities. In this dynamic world, those who embrace innovation and harness its power are the ones who thrive. Join us as we explore the limitless potential of innovation and discover how it can transform businesses, industries, and ultimately, our future.
14/9/2023 0 Comments
As a leader in today's ever-changing work landscape, it's essential to adapt to new ways of working. Hybrid teams, consisting of both remote and in-office employees, have become the new normal. But how can you harness the power of these hybrid teams to ensure productivity, collaboration, and success? This guide provides valuable insights and strategies to help you lead and thrive in this new era.
By effectively navigating the challenges and opportunities of hybrid teams, you can create a cohesive and high-performing workforce. From leveraging technology to fostering a culture of inclusivity and communication, this guide offers practical tips on how to overcome geographical barriers and encourage teamwork.
With the right approach, hybrid teams can deliver exceptional results and foster innovation. Learn how to balance the needs of remote and in-office employees, establish clear communication channels, build trust, and achieve your business goals. Whether you're a seasoned leader or a newcomer to hybrid teams, this guide will equip you with the tools and expertise to adapt, lead, and thrive in the new normal.
Organisational challenges impact employee retention and productivity, but there are ways to solve them and enhance the efficiency of your workplace. Organisations can focus on developing effective leaders and encourage employees' professional growth. Knowing the common sources of workplace problems can help address them and build productive relationships with employees.
The best way to deal with uncertainty is to embrace the fact that it’s here to stay indefinitely (unless AI becomes smart enough to predict the future!). Leaders should consider reevaluating their current operating models, in light of this uncertainty. If you haven’t yet, scenario planning is a practice you may want to start incorporating into your strategic approach.
If you start planning for future scenarios now, you’ll be better equipped to deal with them when they eventually arrive. We can’t predict the future, but we can make ourselves future-proof.
HR leaders have significant human resource challenges ahead of them, but they also have opportunities for redefining the HR function. Finding innovative solutions to HR challenges encourages collaboration with other business leaders. HR challenges are not in isolation, they are linked with greater changes to the business model and operations.
Countries worldwide have started relaxing and dropping the restrictions that were implemented in an effort to manage the catastrophic spread of COVID-19. With this being the case, most industries and organisations view this move as a green light to return to "normalcy". This green light has recently sparked the "return to the office" saga, which has been a hot and contagious discussion between employers and employees.
Probably the most well-known turnaround success story is the rise of tech company Apple.
Apple went into a decade-long downward spiral after CEO Steve Jobs left the company in 1985 and lower-priced products from competitors, like Microsoft Windows, took over the personal computer market.
For 12 years, its innovation, popularity and sales continued to plummet, almost reaching bankruptcy until Jobs rejoined the company in 1997. The company was able to turn itself around with a successful rebrand and new technology like the first iMac.
Now, Apple is one of the most well-known and valuable companies in the world, raking in almost $300 billion in revenue each year. But what is a turnaround strategy and when should organisations consider it?
Gestaldt Consultants, Partners and Thought Leaders.
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