Traditional strategic plans are based on long-term goals and market forecasts. However, in a world of disruption, companies must adopt more agile approaches that allow them to pivot quickly. Methodologies associated with software development, emphasise flexibility, enabling companies to continuously evolve. Rather than relying on a single forecast, businesses are using scenario planning. This involves conceiving different future outcomes and preparing for them in advance.

In the business world, companies that have thrived are often the ones that have adapted swiftly to shifting circumstances. Adaptability, allows them to pivot and innovate, in response to new challenges, ensuring their survival in the face of uncertainty. This podcast explains.