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Andy Whyte's avatar

This is brilliant 👌.

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Steven Forth's avatar

Very good post with useful ideas and frameworks. Thank you. When there is significant environmental change organizations need to first be resilient (able to flex) and then adaptive (able to change). These are different modes and require different types of actions. Getting to cashflow breakeven is about resilience. It is a necessary first step, but it is not adaptation. Organizations also need specific skills for adaptation. Scenario planning is one of these, the ability to imagine alternative futures. The recession planning framework shared above is a good first step, but one also has to look at the scenarios that will lead to renewed growth, for your company, and for the economy. Begin with resilience but have a plan to move to adaptation.

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