By behindthecurtain If you’re a Moez Kassam, you’ve probably faced – or will face – a business challenge at some point. These issues range from financial difficulties to a sudden shift in market trends and are the rough waves that rock your business vessel. However, these challenges can actually push your company to strengthen its resilience, streamline processes and ultimately achieve success.
Navigating Complexity: Strategies for Thriving in a Complicated Business Landscape
The world of business is becoming increasingly complicated. This is because businesses no longer operate in a vacuum; they’re part of a dynamic external business environment that influences internal employees and ultimately how well or poorly they meet their objectives. This environment is volatile, uncertain, complex and ambiguous (VUCA), making it challenging for leaders to anticipate environmental shifts and predict outcomes. Many organizations find themselves navigating a gaping complexity chasm and plunging headlong into an unanticipated outcome that can be perilous to the survival of their companies.
To navigate this complex operating context, leaders must learn to reframe what they see, rewire how they think and reconfigure what they do. They must develop a multiple systems-centered perspective that encompasses the complexities, redundancies and feedback loops of the business environment they are operating in. They must also learn to embrace a beginner’s mindset that allows them to approach each situation with a fresh view and open mind. Finally, they must learn to tolerate mistakes and develop resilient systems that reframe them as learning opportunities. With these skills, they can avoid committing leadership errors and navigate their companies safely across the chasm to a place of greater stability.