Strategic Inertia
Persistence is a virtue. But refusing to quit is the more common strategic error. No one wants to be a quitter. We all know it is a loser’s game. So, leaders argue with their last breath against altering their well-worn strategy. But quitting is often the winning move. I’ve written about this before, but […]
Is Your Strategy Ready For A Recession?
Unless you’ve been living on Mars, you’re probably aware that lots of people and indicators suggest we’re aiming for a recession. That may or may not be true, But regardless of whether a recession comes, change is afoot. Whether inflation, interest rates, supply chains, lower valuations, fuel prices or geopolitical unrest,the assumptions that may underlie […]
Deciding Strategy Despite Uncertainty
Many of today’s leading founders and CEOs have never weathered an economic downturn. It’s been almost 10 years since the recovery from the great recession, and business has been booming. Burt if you listen to the news, it’s hard not to be convinced that recession is around the corner. Yet, the indicators are more ambiguous […]
Uncertainty Grammar
In Turkish there is a suffix (mis) that turns a statement uncertain. It’s used to create the “inferential” mood. We don’t have anything like it in English or other Latinate languages, although it does exist in many Baltic languages. In Estonian it is called the oblique mood. When people use this tense they are essentially […]
Pandemic Lessons
We’re about a year out from the beginning of the pandemic. Moreover, we see the light at the end of the tunnel when everybody is vaccinated, and life can go back to the pre pandemic times. But now that we have a little bit of perspective, it’s a great time to start thinking about the […]
Planning in a Pandemic
If you are a business leader, owner or founder, this pandemic has likely left you reeling. Prior to this change in the world, you likely had a plan. You were growing or pivoting, expanding or diversifying. That plan could feel irrelevant –and it may be. The world took a left turn. But life must go […]