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Session 48: Managing Uncertainty and Pivoting - Staying Flexible in Chaos
Welcome back! If the last few years have taught us anything, it’s that uncertainty is guaranteed. Markets shift overnight. Crises hit unexpectedly. The question isn’t whether uncertainty will come - it’s how you’ll respond.
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Why Adaptability Matters
Rigid businesses break under pressure. Flexible ones bend and adjust. Managing uncertainty requires resilience, creativity, and courage to pivot when the old plan no longer works. Pivoting is not failure - it’s evolution.
A Real-World Picture
During the COVID-19 pandemic, restaurants that adapted to delivery and takeout survived. Those that refused to pivot closed their doors. Flexibility turned a crisis into an opportunity.
Humor Break
Running a business without adaptability is like bringing a snowmobile to the desert. Wrong place, wrong time.
Action Step for You
Write down one unexpected challenge your business faced in the last year. How did you respond? Then brainstorm how you could handle it better next time. Preparation reduces panic.
Closing
Uncertainty is permanent - but so is your ability to adapt. Next, we’ll cover Navigating Economic and Market Changes - staying ahead in shifting tides.
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