From pay hikes to remote work, the pandemic and its fallout sparked a ton of change from businesses — but why did it take a crisis to unlock so much progress?
Welcome to The Playbook Edition, a weekly look at stories, trends and changes that could affect your business and career. Want more stories like this in your inbox?Over the past two years, companies have made some drastic shifts.
But why did it take the events of the past two years to unlock those changes and that creativity? What if more businesses had been just as nimble and willing to innovate back in 2019 as they've been since 2020? Where would they be today?Growth Strategies for Businesses During Uncertain Times." As they discussed an economy that often looks more uncertain by the day, panelists regularly came back to how critical it is to be proactive in this environment. Here are a few other themes:This theme came up countless times and covered a range of topics, from the need to embrace diversity on staffs to why businesses must diversify revenue streams and supply chain sources.Kenneth C.
Harley Flack, CEO of Stella May Contracting Co., said strategic conversations with colleagues, clients and professional service partners have been critical for innovation. In an uncertain economy, the value of those conversations rises along with the stakes.
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