1. EP 3 Five imperatives for the next five months, Develop your staff to meet changing needs, Measuring your ability to change

1. EP 3 Five imperatives for the next five months, Develop your staff to meet changing needs, Measuring your ability to change

The Covid pandemic taught many businesses to move at remarkable speed as they reacted to events that disrupted their commercial operations. It showed that it was possible to quickly adapt ways of working to cope with unprecedented conditions.

No one can be sure what the post covid pandemic world will look like. What we can be sure of is that companies that react faster to the changes in the post covid world will fare better than companies that are slow to adapt. To prepare for the future the authors say businesses need to ask and answer five questions in the next five months. Listen to learn what are these five imperatives.

An article from Sloan suggests you should think through how changes have impacted your staff and how you prepare them for the skill sets they will need in the future. The authors define pivoting people as retraining employees so that they can fill the roles that are aligned with you company’s changing needs. Thinking what is needed, and preparing your employees, prevents employees needing to adapt on the fly, or even worse fail. Hear what they have to suggest.

Measuring your company's power to change.

It may seem impracticable to measure something as intangible as the power to change but the authors believe they have found traits or factors that can identify the ability of your company to change. They have found that most company’s fit into one of four types. Their suggestion is that you identify which category your company is in and then they have ideas of how to develop your capability to respond and adapt.

The four categories are:

· In search of focus

· Stuck and Skeptical

· Aligned but constrained.

· Struggling to keep up

Which category does your company fit into? Find out and take action.

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