Uncertainty is a large sum of what the current market is following today, also referred to as the "network effect". A trend where nobody knows whats going to happen, but follows the news and the rest will flock towards the advice.
Most companies in business today strive for a sound business portfolio, but do not plan for situations where the market is slowly moving to spend or release resources.
How does a business posture it self in this type of market?
Does a company reposition its strategy in market that is saturated with uncertainty?
Answers to the questions will be posted within the week. I will be looking forward to your thoughts on this post.
Regards,
Shaun Manzano
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2 comments:
Hi Shaun, I think companies need to have a department that is always forward thinking keeping in mind at all times: WHAT IF'S. This would allow a company to switch directions if need be. Look at the auto industry, for instance. They continously felt far superior to any foreign company and thought they were invinceable! Look at them now... they are at the bottom of the heap as far as technology and durability.
Thanks for your insight; survival of the fittest is the perspective!
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