We may be heading towards a new normal but none of us really know what it will look like?
The past two years have been challenging for businesses. The uncertainty and change that has always existed for organisations has been exacerbated by COVID and the decisions taken by governments. Hard lockdowns, soft lockdowns, border closures and travel restrictions have significantly reduced business confidence in many sectors.
Businesses that were trading comfortably several years ago may now find that consolidation or even survival is now the key focus. But what happens if Omicron spikes again in winter? Will we be confronted with soft lockdowns which can have a similar effect to hard lockdowns? When will the next strain of COVID emerge and what responses will it garner from governments?
This uncertainty is a key concern for organisations and business owners alike.
Work-life balance has been a topic of conversation for years, but the past two years have started a movement with respect to staff wanting to have flexibility with respect to work. Hybrid work has completely transformed the employee experience.
All of this has created the perfect storm where organisations need to consider their strategy and operating model.
At i3 Australia we have long argued that strategy needs to be revisited frequently to accommodate the change that is happening at a faster rate than at any time in history. The past two years have taken the need to reconsider strategy to an even higher level.
If we prepare for a worst-case scenario (more hard/soft lockdowns, new strains of COVID, government policy, consumer hesitancy) and that manifests, then we are ready for it. If the situation improves, we have positioned ourselves to take advantage of a range of opportunities.
A proven methodology to help organisations grow.
We undertake discovery sessions with you to gain INSIGHTS. We look at issues, problems, challenges, gaps, opportunities, systems, people and information.
Using this information, we roadmap opportunities for improvement across all areas of your organisation – INNOVATE. Strategy and Operating Models are revised leading to business transition and transformation. We recommend digitisation solutions to position your organisation for next-generation success.
We then assist with implementing improvements to IMPROVE productivity and profitability.
Book an obligation-free chat with us today and let us buy you a real or virtual coffee to understand how we can assist you to revise your strategy and transform your business. We want to help to position you for success during these challenging times and achieve competitive advantages in the ‘new normal’ that is yet to reveal itself.