• Home
  • Blog
    • Business Partner Magazine Archive
  • Free Contests and Giveaways
  • Resources
  • About Us
    • Cookie Policy
    • Disclosure Policy
    • Privacy Policy
    • Terms of Website Use
  • Contacts

Business Partner Magazine

Tips and advice for entrepreneurs, start-ups and SMEs

  • Business Success
  • Marketing
  • Finance
  • Employees
  • Technology
  • Start-up
  • Productivity
  • Communication

The Three Elements of Strategic Adaptability

April 22, 2021 by Malik Muhammad

Click here to get this post in PDF

Too long to read? Enter your email to download this post as a PDF. We will also send you our best business tips every 2 weeks in our newsletter. You can unsubscribe anytime.

Enter your NameEnter your Email Address
Business people having a meeting

Covid-19 has impacted the way we do business. This pandemic has taken some 3 million lives (at the time of writing), has the potential to affect the livelihoods of 1.6 billion in the global workforce according to World Health Organisation statistics and has changed the way we educate our future leaders. Natural disasters such as the La Soufriere volcanic eruption in St Vincent only add to the levels of exposure and vulnerability that this pandemic has already created. In the midst of the global paradigm shift, innovators such as Abu Dhabi have become the first Arab country to commence the manufacturing of a Covid-19 vaccine. Hayat-Vax is a joint collaboration between Abu Dhabi’s G42 and Sinopharm CNBG with a full production schedule currently in place. 

It is fair to note that Abu Dhabi has the infrastructure, cultural disposition and financial resources to innovate. Remote areas in India, for instance, see farmers who are experiencing difficult times because their agricultural produce feeds their family, helps to build their communities and creates stability in their lives. The pandemic has disrupted this. The primary lesson for businesses and countries, and people is the value of Strategic Adaptability. This pandemic directly affects the way you operate your business. This fact means you are forced to assess how you move forward, and in some cases, whether you move forward at all. Strategic Adaptability involves three elements: Assessment. Planning. Execution. 

Assessment

Look at where you are right now – facts over feelings. It has been a rough year, and you are still here, so leverage the relationships you’ve built. Crunch the numbers. Reflect on your mission and evaluate your product /service. Appreciate your greatest asset, which is yourself and your team. 

Planning

Once you have assessed where you are, then you plan to do something about it. This is about the way you will move forward—the nitty-gritty of it all. Continuous professional development is no longer limited to away days, team-building exercises, extra training courses and pep talks. It includes the mental health and wellbeing of yourself and your team – first. You are the catalyst of growth and technology / the product or service, and everything else are the means of facilitation. 

Execution

Execution involves getting it done, and technology is an effective tool at your disposal. For instance, engaging in practical exercises such as monitoring your online sales, reconnecting with your customer base on social media, showing you care via a direct (rather than generic) email and informing the public about how you are navigating this new norm as a business.

We must accept the reality of the times in which we now live. As a business owner, as a human being, as a global citizen and as a family member. Strategic Adaptability is a process that will help you in your personal, professional and business lives because they involve the development and application of transferrable skills that work in your best interest.


Times are Changing: Why It Is Time to Reassess Your Business


About the author

Malik Muhammad

Malik Muhammad was raised and educated in Jamaica and read law in London. He created The Empowerment Mastery System to influence, help and inspire businesses to cultivate their visions. Malik enjoys vegan cooking and quad biking. He is an after-dinner speaker, event host and convenes empowerment seminars internationally. His latest book COFFEE & CONTEMPLATION: a taste of empowerment is available on Amazon.

LinkedIn | Instagram | Twitter | Website

Filed Under: Business Goals, Business Success Tagged With: Business Goals, Business Strategies, business success

  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Twitter
  • YouTube

Disclosure

We earn commissions if you shop through the links on this page.

Recent Posts

  • Emergency Funds: How Quick Loans Can Save the Day in the Philippines
  • What Can You Do With An Education In Marketing
  • How Your Business Can Manage an Increase in Customer Demand
  • Used Toys & The Circular Economy – How Pre-Loved Toys Help Us Save Money & The Environment
  • Reasons to Hire a Corporate Attorney for Mergers and Acquisitions

Categories

Archives

Make Money Online – Free Course

  • Discover All The Shortcuts To Affiliate Marketing Success
  • Find Out How To Fill Your Site With New Leads And Customers
  • Discover How To Turn Your Passion Into Profits
  • Learn How To Write Copy That Gets Results Fast!
  • Discover How To Create Promote & Sell Your Own Products Online
  • Everything You Need To Know About Marketing Money Online
  • Strategies For Successful Web Entrepreneurs Inside
  • Discover How To Invest Smarter Grow Faster And Retire Rich
  • Email Marketing Strategies For Marketers And Entrepreneurs
  • Free training reveals how to build a successful six figure income online
  • Discover The Mindset Hacks You Need To Succeed
  • Free Marketing Memberships – Make Money Online

    Make money online free marketing memberships

    Tags

    Accounting apps bitcoin brand business growth business skills business success communication cryptocurrency Customer Service Data design Digital marketing ecommerce Efficiency employees Featured Article finance finances Health and Safety infographic insurance Investing investment legal legal tips Management Marketing marketing strategy Outsourcing productivity property Real estate sales security SEO Social Media software starting a business startup Technology Trading Training website workplace

    Disclosure

    We earn commissions if you shop through the links on this page.

    Digital Marketing Agency

    ReachMore Banner

    Business Partner Magazine

    Business Partner Magazine provides business tips for small business owners (SME). We are your business partner helping you on your road to business success.

    Have a look around the site to discover a wealth of business-focused content.

    Here’s to your business success!

    Copyright © 2023 - Business Partner Magazine·