In my view, one of the best things I can do to hedge against that economic downturn is to invest in learning. That's why I am taking a course on Leadership/Impact at Schulich School of Business at the end of March - part of the Strategic Leadership professional development program I am pursuing there.
Meanwhile, I am working on that audience development assignment - very timely.
Observations and opinions on the practice of research, strategy, marketing and the online universe. Because the most important part of any activity is human.
Tuesday, March 10, 2009
Economy and Strategy
What a time to be a strategist. As the level of uncertainty has risen to levels not seen in North America in some time, and the effects of the credit crunch and the global recession taking hold, all manner of organizations need to rethink their positions and monitor their own and related industries closely. This is when strategy is at its best - strategy as a comprehensive diagnosis of factors affecting an organziation, and readying multiple strategies each relevant to various best and worst case scenarios to respond flexibly and awarely to the challenges and opportunities.
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