The pandemic has given us so many lessons in life including to expect the unexpected. There have been many obstacles caused by the pandemic and there is no guarantee that something like this won’t happen again in the future. Hence, it is a must that we are always be ready for the unexpected. It is also applied to how we run our business. Making your business to be on ready mode all the time to face the unexpected is necessary.
How to build resilient business that is always ready for the unexpected
There will always be global shifts be it from pandemic and any other causes. Even if there was not global pandemic last year, your business might have been also suffered from other crisis. The point is to not focus on the cause but the strategies to plan. And here are ways you can make your business ready to expect the unexpected:
Be ready to act quick
When something bad happen, it is common for some people to freeze and don’t know what to do. It is okay if you are like that but don’t let yourself get stuck because it only leads to being unable to make decision. Hence, make your business to be ready to act all the time by preparing strategic plans to do in emergency situation. Try not to panic yourself because you are the pillar of your organization. You need your whole organizations to be agile and flexible.
Prepare for a backup fund
No matter what type of business you build, you need to save aside from your revenue as a backup for when your business facing rainy days. You don’t know when crisis will struck you so always have a backup fund fr your business to stay afloat during crisis. Being aware of your budget and finance is essentials and you need to do it constantly. Do not feel safe and neglect your plan on savings just because your business is doing well because you don’t know what is waiting for you in the future.
Ready to pivot
Being resilient doesn’t mean you force your business to charge forward on the same path when it needs to pivot instead. There are some situations where you need to pivot because it is necessary. And it is important to train your mindset to be open-minded when it comes to the need of pivoting. Maybe a quick turn is what can save your business from going down during crisis. Hence, do not be stubborn for no reason. Be realistic and objective in making decision.
Be willing to learn
You want your business to grow but in order to achieve that, you also need to grow yourself. And you can only grow if you learn something constantly. There are many lessons the pandemic have taught us all. Learn from them and find your ways to prosper. Also, encourage the people around you to also be open-minded about learning, growing and thriving. This way, your business will always be ready to face any obstacles in the future.