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You are here: Home / BVTV Network / How to win during uncertainty

How to win during uncertainty

February 27, 2020 by Malcolm Gallagher Leave a Comment

It’s time to learn a new skill – How to win during uncertainty

In this post I’m focusing on handling uncertainty. It’s not just the uncertainty of Brexit talks and elements such as immigration rules that’s causing business concern. It’s a pile up of other things such as coronavirus, climate change, floods, funding, supply chain.

Let’s face it uncertainty is the new norm and it’s here to stay.

As a business owner or leader or senior manager you need to develop a new skill and that is the ability to win during uncertainty.

It’s so easy to get into gloomy mood and ignore the opportunity out there. But opportunity is there!

For example, the Coronavirus outbreak has seen UK manufacturers, especially textile companies, get an upsurge in order from retailers who fear empty shelves from their usual China suppliers.

Goods made in the UK can be on the shelves in 8 to 12 weeks whereas China is 5 to 6 months – you know slow boat from China- so just think of the backlog brining opportunity to UK firms.

To get into the positive mindset of winning during uncertainty, think entrepreneurial.

Handling uncertainty - 3 strategiesBelow are 3 strategies to help you win during uncertainty in 2020

Embrace Change – change the way you think about uncertainty. You know that change is happening and that it’s the only constant.

If you want to succeed set your attitude mindset that uncertainty brings opportunity, new markets, new ideas. It is not a problem but an opportunity for you to accelerate growth.

Have 2020 Vision…. Predict Your Future by creating it.

You know it’s coming so don’t wait for it –  invest your time to see it coming. Get talking about the changes happening outside of your industry. What is happening with the economy, where’s the new technologies, and how will they impact your industry, what is changing with customers, who and where are the new competitors?

This gives you the room to prepare. see change coming – see opportunity. choose to ignore it – and you lose.

Build Your Team Talent –  It’s likely that the only thing differentiating you from your competitors is the team around you. No, it’s not your brand, not your product or your service. It’s your team. And I know that only too well from my team building coaching. It’s about the customer experience of your team and your reputation in the marketplace that they have created for you.

The best companies have leaders whose passion is developing, investing in, and building their teams. Are you one of them?

Reflection. Let’s agree that Uncertainty is the new frontier that is here now. And change is needed to manage it. Are you up for it?

Check out my 2020 Success  System where I help you win during uncertainty. Or book a strategy session either online or 1-2-1

 

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