Volatility

There is no better time for applying your wisdom than in a volatile market or environment.
Good analysis clarifies what you know, what you can't control, and what action will help you prosper.

The Impact of Volatility

From an analytical perspective, volatility increases the chances that you and your organisation will face more, bigger situations that are hard to spot, influence or react to. In turn that amplifies the risks you already face, and introduces new unknowns into the picture. More risk means more stress, more waste, higher failure rates or higher costs.

To cope, and even prosper, with volatility, means as a business leader you need to

  • Cut through noise
  • Concentrate on material factors
  • Define clever options
  • Navigate decisions and
  • Solve problems

You need to have clear messages, coherent options and plans, confident communication,  and a strategy for doubling down on strengths whilst mitigating weaknesses.

Click here to get in touch with us. Ask about how we can help you explore the impact of volatility.

Controlling Controllables - Or What Else?

It's important to have a clear and rapid way of reviewing and exploring situations and risks. Together we'll use fast, effective, visual tools to lay clear your current risks and the changes you face, due to market volatility. We'll help you frame and classify risks and opportunities in new ways.

In turn, this helps you identify things you can control, or actions you can take if things are outside your sphere of influence. We help you channel your knowledge and wisdom into practical action, giving you and your people agency through unsettled times.

Click here to get in touch with us. Ask about how we add 'Influence and Control' to your view of volatility.

Business Analysis, Risk Analysis + Market Volatility

Analysis studies the nature, features and relationships of something. Business Analysis is the practice of exploring, documenting and improving how businesses operate.

In a volatile market, this can mean things like building a straightforward 'scorecard' of factors that hurt or help your organisation, processes or customers when circumstances change.

It can mean getting clearer on the pressure points in your structure, processes or capabilities, so you know what to look out for, and what you might do if the worst (or the best) happens.

Click here to get in touch with us. Ask about what a volatility scorecard might do for you.

Designing Risk Management Strategies

Shifting gears from the analysis side of what we do, we move to strategy and design - the 'so what are we going to do about it' part of the picture.

  • Good strategy is simply "how we plan to arrange our resources to achieve our goals". The best and clearest strategy comes from quality thinking time about your business. But that can be hard to do in busy, volatile times.
  • Good design is about making conscious, wise choices on what to create, improve and use. Business design combines clarity, knowledge, experience and curiosity. It focuses on no-nonsense, practical and achievable actions that contribute to positive outcomes.

Click here to get in touch with us. Ask about how design can help you face down volatility & risk.

How Applied Wisdom Can Help

Applied Wisdom advice, tools, workshops and projects are accessible, succinct and no-nonsense ways to add fresh perspectives to your risk analysis, mitigation strategy and action planning, whether you're a micro business or a global enterprise, public or private sector.

Click here to get in touch with us. Sometimes a quick chat can unlock some really usable wisdom.