The document outlines key factors for organizations to thrive amidst uncertainty based on a presentation by the CEO. It discusses various economic, political, technological, and global uncertainties and challenges over the past few decades. The CEO presents 7 key factors for thriving in uncertainty: embracing change, fostering innovation, building resilience, listening to customers, investing in people, leveraging technology, and seeing risk as an opportunity. However, the CEO acknowledges that many other important factors were not included, such as leadership, marketing, strategic planning, customer service, and regulatory compliance. Ultimately, the CEO argues that thriving amidst uncertainty requires authenticity, grit, embracing ambiguity, and turning it into an asset through continuous growth and innovation.
7. COVID-19
Recession
The Dot-
Com Crash
& 9/11
S&L Crisis &
Gulf War
Recession
ECONOMIC RECESSION AND GOVERNMENT
SHUTDOWN
The Great
Recession
2023
Government Shutdown Economic Recession
17. 7 KEYS
1. EMBRACE CHANGE
• Don’t fear change
• Lean into it
• Pivot quickly
• Adapt / change
• MUST adjust our strategies during turbulent times!
18. 7 KEYS
1. CHANGE
2. FOSTER A CULTURE OF INNOVATION
• Create an environment where creativity is celebrated
• Failures are seen as opportunities
• Every team member is empowered to contribute their ideas
• MUST Crave Innovation – Innovation becomes the heartbeat of the
organization
19. 7 KEYS
1. CHANGE
2. INNOVATION
3. BUILD RESILIENCE INTO YOUR BUSINESS MODEL
• Not just about Bouncing Back Bouncing Forward
• Diversify revenue streams
• Fortify your financial foundation
• Develop contingency plans
• MUST build a business model that weathers uncertainty!
20. 7 KEYS
1. CHANGE
2. INNOVATION
3. RESILIENCY
4. LISTEN AND RESPOND TO CUSTOMERS
• Customer feedback is powerful
• Tailor your products and services
• Meet your customers needs, concerns, and desires
• MUST let your customer be your compass!
21. 7 KEYS
1. CHANGE
2. INNOVATION
3. RESILIENCY
4. LISTEN TO CUSTOMERS
5. INVEST IN YOUR PEOPLE
• Invest in their growth – professionally & personally
• Create a skilled and motivated workforce
• Competitive advantage
• MUST make your people your most valuable asset!
22. 7 KEYS
1. CHANGE
2. INNOVATION
3. RESILIENCY
4. LISTEN TO CUSTOMERS
5. INVEST IN YOUR PEOPLE
6. LEVERAGE TECHNOLOGY AS AN ENABLER
• Embrace technological advancements
• Streamline operations
• Enhance decision making
• Foster collaboration
• MUST make technology as an enabler of transformation!
23. 7 KEYS
1. CHANGE
2. INNOVATION
3. RESILIENCY
4. LISTEN TO CUSTOMERS
5. INVEST IN YOUR PEOPLE
6. LEVERAGE TECHNOLOGY
7. SEE RISK AS AN OPPORTUNITY
• Risk is a threat
• Understand your risks
• Develop mitigation strategies
• Calculated risk can lead to innovation and growth
• MUST be ready to seize opportunities that others might overlook!
24. 7 KEY FACTORS TO THRIVING AMIDST UNCERTAINTY
1. CHANGE
2. INNOVATION
3. RESILIENCY
4. LISTEN TO CUSTOMERS
5. INVEST IN YOUR PEOPLE
6. LEVERAGE TECHNOLOGY
7. RISK AS AN OPPORTUNITY
28. 7 KEY FACTORS TO THRIVING AMIDST UNCERTAINTY
1. CHANGE
2. INNOVATION
3. RESILIENCY
4. LISTEN TO CUSTOMERS
5. INVEST IN YOUR PEOPLE
6. LEVERAGE TECHNOLOGY
7. RISK AS AN OPPORTUNITY
29. MISSED A LOT
• LEADERSHIP
• SALES AND MARKETING
• STRATEGIC PLANNING
• CUSTOMER SERVICE
• FINANCIAL COMPETENCY
• SUPPLY CHAIN
• COLLABORATION
• NETWORKING
• REGULATORY COMPLIANCE
• DIVERSITY
• DEI
• ESG
• MORE…
30. FACTORS FOR ANY SUCCESSFUL ORGANIZATION
• LEADERSHIP
• SALES AND MARKETING
• STRATEGIC PLANNING
• CUSTOMER SERVICE
• FINANCIAL COMPETENCY
• SUPPLY CHAIN
• COLLABORATION
• NETWORKING
• REGULATORY COMPLIANCE
• DIVERSITY
• DEI
• ESG
• MORE…
• CHANGE
• INNOVATION
• RESILIENCY
• LISTEN TO CUSTOMERS
• INVEST IN YOUR PEOPLE
• LEVERAGE TECHNOLOGY
• RISK AS AN OPPORTUNITY
31. NOT ABOUT SURVIVAL
GROWTH AND INNOVATION
100 YEARS OF CHANGE IN THE NEXT 5 YEARS
AUTHENTICITY AND GRIT!
THRIVING AMIDST UNCERTAINTY
32. AUTHENTIC
“Authentic” was selected as the 2023 word of the year by the Merriam-
Webster dictionary, landing among the most looked-up works in the
dictionary’s 500,000 entries, the company said in a press release Monday.
AUTHENTIC, GENUINE, BONA FIDE mean being actually and exactly what is
claimed.
AUTHENTIC implies being fully trustworthy as according to fact;