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Radical business agility https://www.caginternationalag.com/ en Preparing for the Perfect Market Storm with Radical Business Agility https://www.caginternationalag.com/blog/preparing-for-the-perfect-market-storm-with-radical-business-agility <span class="field-wrapper">Preparing for the Perfect Market Storm with Radical Business Agility</span> <span class="field-wrapper"><span lang="" about="https://www.caginternationalag.com/minuser/1" typeof="schema:Person" property="schema:name" datatype="" xml:lang="">augustin</span></span> <span class="field-wrapper">Mon, 10/10/2022 - 11:04</span> <div class="field-wrapper field field-node--field-by field-name-field-by field-type-string field-label-inline clearfix"> <div class="field-label">By</div> <div class="field-items"> <div class="field-item">Kurt Larsson</div> </div> </div> <div class="field-wrapper field field-node--published-at field-name-published-at field-type-published-at field-label-hidden"> <div class="field-items"> <div class="field-item">2022-10-14</div> </div> </div> <div class="field-wrapper field field-node--field-image-blog-posts field-name-field-image-blog-posts field-type-image field-label-hidden"> <div class="field-items"> <div class="field-item"> <img src="https://www.caginternationalag.com/libraries/lazysizes/assets/imgs/loader.gif" alt="Preparing for the Perfect Market Storm with Radical Business Agility" title="Preparing for the Perfect Market Storm with Radical Business Agility" class="lazyload" data-src="/sites/default/files/styles/max_325x325/public/2022-10/preparing-for-the-perfect-market-storm_0.jpg?itok=_kg_Ro5X" data-srcset="/sites/default/files/styles/max_325x325/public/2022-10/preparing-for-the-perfect-market-storm_0.jpg?itok=_kg_Ro5X 325w, /sites/default/files/styles/max_650x650/public/2022-10/preparing-for-the-perfect-market-storm_0.jpg?itok=oYVX81zc 650w, /sites/default/files/styles/max_1300x1300/public/2022-10/preparing-for-the-perfect-market-storm_0.jpg?itok=-DaeN4pk 850w" data-sizes="(min-width: 1290px) 1290px, 100vw" typeof="foaf:Image" /></div> </div> </div> <div class="field-wrapper body field field-node--body field-name-body field-type-text-with-summary field-label-hidden"> <div class="field-items"> <div class="field-item"><p> </p> <p>In our recent book <a href="https://www.amazon.com/Radical-Business-Agility-Navigating-Uncertain/dp/1612545440" target="_blank" title="Buy Radical Business Agility">"<i>Radical Business Agility</i>"</a>, Hans Amell and I describe both the exciting megatrends that are moving us forward, as well as the perfect storm that is brewing on the global horizon. Since its publication, the list of individual storms, each of which could trigger a crisis by itself, has grown even larger. We are currently witnessing the greatest list of threats towards western civilization we have faced since the Great Depression and World War II!</p> <p><strong>Here is an updated, yet still partial list of large storm warnings:</strong></p> <h2>Geopolitical Turmoil</h2> <p>With the Ukraine situation, the increasing tension over Taiwan’s fate, as well as ongoing tensions in the Middle East and Africa, each one of these could escalate and cause chaos and more bloodshed. The resulting impact on your products and market may be the least of your concerns.</p> <h2>Real or perceived threat of more pandemics</h2> <p>The fears of disruption due to Covid-19 seem to be losing their power, but there are many threats still out there. Each of which is now amplified due to the continuing weaknesses brought on by the forced lockdowns we just experienced. Many of the other threats on this list increased, due to the actions taken for Covid-19 so far.</p> <h2>The Green Agenda</h2> <p>The plans to go “carbon neutral” in the next decades (before a viable and affordable source of replacement energy is in place) are already disrupting the supply chain and power grids. This looks to get worse before it gets better.</p> <h2>Supply Chain Breakdowns</h2> <p>Threats to farming and transportation, plus the increase in energy costs are already causing supermarket shelves to be less crowded than at any time in the last few generations. Also, a large majority of the most critical and sophisticated computer chips, needed for many necessary products and defense, come from Taiwan. Any disagreement with China could spin quickly out of control. Again, impact on your market may be the least of your worries.</p> <h2>Global Stock Market Peak?</h2> <p>We have just witnessed the longest downtrend in world markets since the Great Depression. With history as a guide, this too will probably get worse before it gets better.</p> <h2>Finance costs rising with Interest rates</h2> <p>It is currently “risk-off” in the financial markets as government, corporate and private debt continues to increase. No news here. The news is that, after 40 years of nearly continuous sinking interest rates, culminating in negative rates, the price of borrowing is now increasing. It will cost more to borrow.</p> <h2>Increase in time, frustration and money for administration</h2> <p>If you have tried to move money, open a bank- or trading account recently, you have become familiar with the KYC or Know Your Customer and AML Anti-Money Laundering rules and regulations. Finance organizations are becoming increasingly scared to do even simple transactions without enormous, costly and time-consuming background checks. More time spent on admin means less time spent on sales.</p> <p>Any one of these, or other triggers could cause chaos throughout the world, not to mention your business. The question becomes how can you prepare for even more chaos so that you and your organization survive and thrive during the coming years of increased uncertainty?</p> <p> </p> <h2>Get AGILE!</h2> <p>The more you can increase your ability to quickly respond to changes in the market, the better your chance to survive and even thrive in these challenging and unprecedented times. Here are just a few suggestions of what you can do to increase your business agility.</p> <h2>Increase your customer loyalty</h2> <p>Maintaining and expanding your base of customers who can, "<i>warmly and spontaneously recommend your products and company"</i>, is the cheapest way to market and sell. Simple steps to improve your customer’s loyalty are:</p> <h3><i>Better customer communication</i></h3> <p>This can be done via better training offerings, better feedback loops and anything else that improves your ability to listen with all your senses to each customer’s needs, wants and wishes and serve them better from this knowledge.</p> <h3><i>Becoming more attractive</i></h3> <p>This means doing away with all forms of customer capture so that your customer no longer feels forced to do business with you. This is riskier, but long term, it will force you to be sharper and word will spread fast if your customers notice a distinct and attractive difference.</p> <h2><b>Support, honor and inspire your employees and colleagues</b></h2> <p>Even though the job market is beginning to show signs of tightening, having a happy and motivated staff is more important than ever. With decision-making delays, lay-offs and salary-cuts increasing in probability, it is important that you strengthen your team’s spirit via each individual. There are simple steps that cost little or nothing.</p> <h2>Increase you corporate training initiative</h2> <p>The pace of development keeps expanding exponentially. Making sure your team keeps up to date with the latest knowledge and competencies will both insure increased customer loyalty and demonstrate your honor for and commitment to your personnel for being the best.</p> <p>Also, training is an extremely trusted and useful two-way communication channel for marketing internally to employees and associates, as well as to customers.</p> <h2>Increase your cash-flow</h2> <p>An effective way to exercise more control over the money you can use is to begin using a Rolling Budget. This provides you with more flexibility to move unproductive money to more productive departments and projects. The yearly budget originally comes from agriculture. If you are not involved with farming it may well be worthwhile to mold your budget around your product and service cycles instead of the changing seasons.</p> <h2>Setting up a Dynamic Navigation System or DNS</h2> <p>Although business "dashboards" have been popular for over a generation, they are still, for the most part, backward looking. We have developed a system, which we liken to a pilot-house on a ship. It respects your historical data, while focusing on giving you real-time or up to date feedback on the current situation. It forces you and your management team to look towards your business horizon. It provides you with information needed to not only make quicker and more grounded decisions, but also creates a more agile management atmosphere where there is no longer any excuse to "think about" the choices before acting decisively. Although using a DNS in your company may upset those married to "Business As Usual", it will not only spotlight them and their less-than-agile behavior, it will also encourage them either to change that behavior or move on to a more comfortable job.</p> <p> </p> <p>There are many other simple, yet effective <a href="https://www.caginternationalag.com/services" target="_blank" title="Business Agility tools">Business Agility tools</a> and methods that can add to your future survival and success. Please take a look at <a href="https://www.amazon.com/Radical-Business-Agility-Navigating-Uncertain/dp/1612545440">our book</a> and we at CAG International and our colleagues at Haig Barrett and Oclas would be very happy to communicate further with you and your management group on the best ways to start.</p> <p> </p> </div> </div> </div> Mon, 10 Oct 2022 09:04:15 +0000 augustin 166 at https://www.caginternationalag.com Radical Business Agility https://www.caginternationalag.com/blog/radical-business-agility <span class="field-wrapper">Radical Business Agility</span> <span class="field-wrapper"><span lang="" about="https://www.caginternationalag.com/minuser/1" typeof="schema:Person" property="schema:name" datatype="" xml:lang="">augustin</span></span> <span class="field-wrapper">Tue, 05/31/2022 - 16:36</span> <div class="field-wrapper field field-node--field-by field-name-field-by field-type-string field-label-inline clearfix"> <div class="field-label">By</div> <div class="field-items"> <div class="field-item">Kurt Larsson</div> </div> </div> <div class="field-wrapper field field-node--published-at field-name-published-at field-type-published-at field-label-hidden"> <div class="field-items"> <div class="field-item">2022-05-31</div> </div> </div> <div class="field-wrapper field field-node--field-image-blog-posts field-name-field-image-blog-posts field-type-image field-label-hidden"> <div class="field-items"> <div class="field-item"> <img src="https://www.caginternationalag.com/libraries/lazysizes/assets/imgs/loader.gif" alt="Radical Business Agility :: CAG International AG" title="Radical Business Agility :: CAG International AG" class="lazyload" data-src="/sites/default/files/styles/max_325x325/public/2022-05/2022-05-31%20Radical%20business%20agility.jpg?itok=kssukKYQ" data-srcset="/sites/default/files/styles/max_325x325/public/2022-05/2022-05-31%20Radical%20business%20agility.jpg?itok=kssukKYQ 325w, /sites/default/files/styles/max_650x650/public/2022-05/2022-05-31%20Radical%20business%20agility.jpg?itok=Teded69S 640w" data-sizes="(min-width: 1290px) 1290px, 100vw" typeof="foaf:Image" /></div> </div> </div> <div class="field-wrapper body field field-node--body field-name-body field-type-text-with-summary field-label-hidden"> <div class="field-items"> <div class="field-item"><h2><strong>And navigating the age of uncertainty!</strong></h2> <p>For more than two years now we have all experienced the most uncertain and turbulent business climate since, at least, the Great Depression of the 1930s. For those of you whose businesses have survived and prospered, congratulations!</p> <p>Consciously or not, you have embraced what <a href="https://www.amazon.com/Radical-Business-Agility-Navigating-Uncertain/dp/1612545440">Radical Business Agility</a> is all about.</p> <p> </p> <p><strong>Here is just some of the uncertainties we have faced during the past 24 months:</strong></p> <ul><li>Worldwide lockdowns caused by Covid-19 and all its variations</li> <li>People radically changing their behavior out of fears, often driven by the media.</li> <li>A social media driven culture that seems to drive groups apart.</li> <li>Politicians creating laws and mandates that go against business and human nature</li> <li>A business world that is frightened, contracting and delaying decisions</li> <li>A big, noble and “perfectly timed” push, to greatly reset the world towards a green future.</li> <li>And now, the threat of an expanding war, which could include nuclear weapons!</li> </ul><p> </p> <p>And you as a business person, have had to either get agile, or die; just as we wrote, more than five years ago, in our first pioneering book, “Mastering Agility, Successfully Navigating Uncertainty”. In it, we described the coming megatrends and the perfect storm that were then brewing. This was before business agility was cool! We also provided tools, tips and tricks on what to do about it. As practice always trumps theory, we now have practical proof from our friends at McKinsey that our predictions of the <a href="https://www.mckinsey.com/business-functions/people-and-organizational- performance/our-insights/why-agility-pays">necessity of Business Agility are coming true</a>. Add to this, the “in the trenches experience” of successfully applying business agility methods and it is obvious that radical business agility has now become essential to surviving and thriving in this post-Covid-19 World.</p> <p>We, at CAG International AG, have not been immune to market uncertainty either. Some plans we were poised to implement just before the Pandemic are only now beginning to manifest. Being an international startup has presented us with its own unique challenges. Each country has reacted in different and sometimes conflicting ways. Our company, which has its headquarters in Switzerland, its stock listed on the Vienna Bourse OTC, its production arm in Sweden, management and shareholders all over the world, has been forced to radically think outside the box to improvise, adapt and overcome many different obstacles.</p> <p>We are pleased and proud to say that we have, so far, successfully navigated our way through the uncertainty generated by most of these obstacles. We are now finally on our way to implementing our long-planned business strategy. We have now finalized our first, long overdue deal, acquiring <a href="https://www.caginternationalag.com/partners/haig-barrett">Haig Barrett Consulting Ltd</a>.</p> <p>This will increase the size, power and agility of our company to consult, teach and guide other companies on how to be more agile. We will continue to build an international online learning powerhouse using our unique <a href="https://www.caginternationalag.com/services/carve-outsourcing-services-CORE">CORE<sup>TM</sup> carveout-sourcing business tool</a>. The big difference now is, we not only have our own experiences of success to share with our clients, we also understand and know how to deal with real-time challenges and defeats as well. One could say that we were forced to walk-the-talk.</p> <h3><strong>Live and Learn</strong></h3> <p>So, what have we, at CAG International AG, learned through our own experiences of navigating through the last two years of massive uncertainty? Among other things:</p> <ul><li><strong>Always have a plan-B and plan-C.</strong><br /> Sometimes painfully, we have realized that our plan-A was usually based in old, “<em>business as usual</em>” thinking. Have you also noticed that most of what worked, only two years ago, no longer doesn’t?</li> <li><strong>Be present to the situation before you</strong>, here and now.<br /> Dancing with someone who memorized the steps from a book feels completely different than dancing someone who is flowing with you here and now. Dealing with today’s business challenges with yesterday’s strategies and tactics is dangerous and can, sometimes overnight, become politically-incorrect, or even unlawful!</li> <li><strong>Keep looking ahead.</strong><br /> Possibilities only exist here and now and looking forward. Looking back only drains us of our remaining precious and finite energy, groveling over all the opportunities we, consciously or not, missed. Referencing the past is ok, as long as you face forward.</li> <li><strong>Make it personal.</strong><br /> Most problems can be handled by clear, understandable and friendly communication with <em>decision makers</em>. It is when you <em>don’t communicate</em>, and <em>the other party needs to guess</em> that problems arise. For instance, late on a bill? Call the person responsible and explain the situation. 95% of the time they will understand and a new agreement can be reached. Then honor it, if you can, or call, update and renegotiate if you cannot.</li> </ul><h3><strong>The Growing Importance of Soft-Skills</strong></h3> <p>The biggest difference we have noticed between pre Covid and post Covid times is that Soft-Skills are becoming much more important. First, your ability to negotiate the digital path to the real, live human being, who is directly responsible for your question or challenge, is paramount. Combining this with your increased capacity to communicate effectively and compassionately has become a major factor in your ability to create and improve your business agility. Going forward, all these skills, combined with all the other tools, tips and tricks we have been talking about for years, will be the deciding factors as to whether you and your organization just survives or thrives. </p> <p>Finally, our new book “<em>Radical Business Agility”</em>, is available (Link below). In it you will get an updated, more useable understanding of the powerful megatrends, as well as the various components of the Perfect Storm that we now find ourselves stuck in. Most importantly, you will find proven tools, tips and tricks of both the hard-skill and soft-skill kind that can directly affect your ability and success to do business going forward.</p> </div> </div> </div> Tue, 31 May 2022 14:36:55 +0000 augustin 126 at https://www.caginternationalag.com