The UK is officially in a recession, yet many businesses will thrive, found out how to be sure that you will be one of them.
How to thrive in a recession.
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The Challenge for the Bank of England
An independent Bank of England with a strategy of keeping inflation low and a government set on increasing borrowing aren’t working in harmony. What’s the likely result?
Strategic Pace
The master’s of business know that the better strategy is to use strategic pace. That needs a good plan, a steady series of well designed efforts that mean at the point you need the stamina and strength, it is all ready.
Context Matters.
If you want to be seen as the master of what you do, get clarity of the contexts in which you do it. Gather an understanding of them, and be ready to explain them to others seeking the value your mastery brings.
When you speak up, and provide the context that others need, then they will see the true value of your words and feel the gravitas with which you say them.
It’s only an armful
Mastery is as much about knowing how to communicate what you know and teaching the skills that you have, and that’s teamwork too. When your teams are focussed on the one thing they do, and learn to do it well together, they really do stand out.
Storm Eunice.
Eunice’s blows were both powerful and anticipated, yet specific consequences cannot be predicted. Which trees will stand and which fall can never be known accurately in advance.
The same can be said for running a business.
The Star.
It was a chance encounter. I had been walking with a friend and we had decided to have a pub lunch together.
What we found was a fabulous establishment with a menu that promised an extraordinary lunch.
Take the next turn…
On the road, the signposts stop when you reach your destination, but in business I’m not sure anyone ever stops travelling. We always have to communicate about what we are delivering, about what we could deliver, and continue to build the relationships that are needed for business to thrive.
Are You Getting Your Message Across
If our products and services are to stand the chance, we need to give just the right information at the best moment. It is for this reason that I consider ‘signposting’ one of the key strategies of any business.
