What it Means to Navigate an Increasingly Complicated Business Environment

anson funds are like rough waves or strong winds that rock your enterprise. They may seem scary, but they push you to adjust and adapt, which is how you grow. They are also a key part of your business’s journey, providing the fuel to meet customer needs, maintain productivity and keep you moving forward.

Overcoming Challenges: Navigating an Increasingly Complicated Business World

But when business challenges become so complex that they interfere with growth and impact your bottom line, then it’s time to reassess. Whether the problem is a lack of employees or resources, an inability to scale your operations or a failure to align technology with your business strategy, if you can’t make sense of the complexity around you, then your ability to overcome the obstacle and move forward will suffer.

The reason for this is because businesses don’t operate in a vacuum; they are part of a dynamic external environment that influences internal decisions and ultimately how well or poorly they meet their objectives. This operating context is comprised of seven key sectors: economic, political and legal, demographic, social, competitive, global and technological.

As this landscape evolves at a breakneck pace, the complexity of tools, data and processes can build until it becomes difficult to see how they all interact or even identify which are required to operate effectively. In this operating context, leaders must repeatedly identify which side of the complexity chasm they are in and immediately apply a leadership response. To do so, they need to learn to reframe what they see, rewire how they think and reconfigure what they do.

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