Navigating through uncertainty is the essence of resilience, and in this episode, we explore how to thrive during periods of significant change. Join host Paul Spencer as he dives into his thoughts on the "Age of Transition" and ways businesses can strengthen their core against challenges. From macro forces to demographic shifts, Paul shares insightful strategies for cultivating a resilient business mindset. Don't miss out on understanding how these dynamics impact your day-to-day operations.

Key Highlights:

• Paul discusses the concept of imposed inputs and how businesses can manage them for greater resilience.
• An exploration of the two significant shifts currently influencing global trade and demographics.
• Insights into the criticality of developing systematic, diverse processes for risk management in your business.
• The importance of short feedback loops and running PDSAs for achieving business adaptability.
• Strategies for rehearsing potential scenarios to prepare for unforeseen changes in the market and customer base.

Quotes:

• "A resilient business means that I have confidence and it's been demonstrated."
• "Mapping imposed inputs lets us distinguish what is chosen from what is not."
• "The tidal wave is coming, and that's just the way the world works."