One of the lessons from the pandemic is that professional firms need to re-tune every aspect of their strategy and operations
Getting ready for the new normal
Many organisations wait for a storm to abate. Smart firms treat adverse conditions as though they were in a Formula 1 pitstop, using the analogy first shared by Professor Scott of LBS.
They use the time to fine-tune everything – tyres, on-board systems, brake pads, chassis, fuel levels, intercom, etc and they also check out the status of the other cars and the latest weather and track conditions.
That way, they and their car are as ready as possible for the new normal. Re-join the race with an unmodified car or an unchanged driving style, and you are highly likely to be overtaken or worse.
Participate at no cost
'Re-tuning your Firm' is a weekly one-hour show, hosted by Richard Chaplin, where two to three experts give a five minute presentation on an aspect of management, leadership and public policy, followed by a panel session with one or both of the regular presenters: Francesca Lagerberg of Grant Thornton International and Jeremy Beard of Haysmacintyre.
Watch five-minute presentations by more than 100 panellists from the 'Re-tuning your Firm' weekly shows since March 2020, the North-Shoring Summit on 16 December and the Fast-track InnovationTM conference on 17 March 2021, covering every aspect of management, leadership and public policy.