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UrduIt has been nearly three years since the COVID-19 pandemic upended businesses worldwide. From supply chain disruptions to shipping delays, worker shortages and, now, the looming threat of a recession, it has been anything but business as usual ever since.With so much uncertainty, how can businesses gain a competitive edge going into the new year and beyond? How can they better anticipate threats created by competitors, the economy, suppliers, politicians and more, and identify new opportunities?One way is through the process of “war gaming,” according to John Horn, professor of practice in economics at Washington University’s Olin Business School and author of the forthcoming book, “Inside the competitor’s mindset: How to predict their next move and position yourself for success.
Tag: business strategy
Quick MBA for SMEs – Chula’s Intensive and Practical Training for Business Survival during the COVID-19 Crisis
The recently-concluded and successful “Quick MBA for SMEs” social project from Chula that brought knowledge to the living room of four groups of SMEs entrepreneurs: food businesses, hotels & accommodation, health, and fashion, to help them adapt and survive the COVID-19 crisis. Watch past episodes to revive and empower your business today.
Companies Big and Small Can Benefit From a Clear Remote Work Strategy
As remote work evolves into a regular work mode that satisfies employment needs for both employer and employee, it is important for businesses to have a well-thought-out remote work strategy, says Timothy Golden, professor at Rensselaer Polytechnic Institute. Golden, who…
5 Leadership Strategies for Better Adapting in a Crisis
Maryland Smith management expert and futurist Oliver Schlake describes how companies can prepare for the next crisis as the economy gradually emerges from the COVID-19 pandemic.
Pivoting Is the New Normal (In the COVID-Impacted Business Environment)
Entrepreneur Andy Shallal and Maryland Smith Associate Dean of Undergraduate Programs Victor Mullins will discuss pivoting business strategy in the midst of a global pandemic, economic distress and racial protests.