The current health crisis has put in check a huge number of business operations, forcing head business leaders to face a list of challenges ever imagined, from the drop in sales, the breakdown of their supply chains, the decision to stop activities, etc.. Challenges are not really easy to deal with not even are few.
So then, What is next?
The good next side of the coin here comes...
In response to the pandemic, companies have no other option that to adapt - redesign their business into alternative products or services or even create new ones to respond to the needs of the new Covid scenario. While a huge amount of businesses have powered down their activities, others are aiming to benefit from the outbreak through change and innovation.
In that sense, this new scenario covid has forced several companies to adapt quickly to change, throughout a great dosis of Innovation and strategies management joined on the further aspects:
1.- Crises represent an “Innovation Opportunity”:
Overall crises represent a good advisability to reinvent as this fact foster the new thinking and doing. It forces anyone to jump outside of the confort zone, or even forces to have the courage to take actions that would be unthinkable in times of calm or in a state of a stable environment.
In a crisis environment there are 2 options: “Innovate or die”.
2.- A hard situation forces us and companies to “Think out of the box” and bet for a divergent thinking:
A new difficult scenario often brings about a vawe of new ideas, new solutions, new strategies, whereas during a stable environment might be inconceivable.
The challenge is to find new ways of achieving goals and the key is to “act differently” as a way to “Start to innovate”.
3.- A crisis demands “A continuous improvement”:
When a crisis hit, companies or people are forced to make an autoanalysis in order to confront or check up which processes are working properly and which others don’t.
Always there will be a better way to do things more efficiently or to do them even better. At this point the Kaizen model would represent the best reference.
4.- Adapt Reactively “Decision making, movement and change” are the key:
During any hard scenario the pace of set ideas, decision making and execution are forced to be moved faster than in a normal environment.
It is not allowed to stay quiet as a spectator, so then move forward is a must to innovate.
5.- Learning Focus: Last but not least, any difficulty is a good chance for still learning. You need to be aware that it is necessary to take advantages of getting new ways of learning.
Keep in mind that every difficult moment brings with it opportunities to reivent your profesional skills, to experiment the use of new technologies, or create something that you have never ever imagined. In order words you have the possibility to still growing.
Remember:
In time of a crisis:
“Failure is not an option”.