Future Predictions – Business Structure

Future Predictions – Business Structure

Expectations of Future Business Settings

With the exciting onslaught of many new technologies, the future looks to become a more customized and individualized experience. To stay relevant and engaging business structure will have to evolve. This is how I believe businesses will evolve.

The VUCA Business Strategy

The VUCA Business Strategy

Creating a strategy for a volatile, uncertain, complex and ambiguous environment.

It is a tough world, one that is changing fast, getting more competitive, plagued with disasters - can you navigate through it? By creating, testing and developing a VUCA strategy, you can ensure survival and sustainability in an otherwise complicated business environment.

VUCA is a military acronym for the volatility, uncertainty, complexity and ambiguity of situations or environments. Each of these elements is necessary to review within a business context in order to view current and future states of an organization. I believe there are core elements which can transform your business strategy into a resistant, VUCA strategy.

Why I Don’t Think This Entrepreneur Tech Boom Will Help the US Economy

Need a Focus on Things, Not Just Ideas

Americans are known as being one of history’s leading modern inventors, building one of best global economies in history. With this new entrepreneurship boom in the software and technology industry the US economy is seeing many great new ideas, resources and services. Just look at the billion dollar ideas that have come from WhatsApp, Facebook, DropBox, and others. With all of that said, I believe the US will not actually build and create sustainable jobs for the economy without change.

Hope is Not a Business Strategy

Hope is not a business strategy!

It is end of year, which means the season of planning: Annual Operating Plan (AOP), Strategic Plan (STRAP) and Management Resource Review (MRR). The outcome for each of these reviews and plans is to set the goals and initiatives for the next year for your company, division, product and individuals. As these goals are communicated, please remember one important piece of advice – Hope is not a business strategy!