The Strategy Paradox: Those who are paid to think strategically spend an average of just 90 seconds to 4.5 minutes per day doing so.
If you’re reading this blog, chances are you’re one of those people who's always thinking around the corner.
You’re in good company.
Although our sample size is too small to generalize, here’s what we know so far:
1. Diversity, Equity and Inclusion (DEI) is the weak signal for which people are MOST ready. Two-thirds (66%) of respondents are actively shifting from talking about DEI (that’s so 2019!) to investing time and money to hire, develop, and keep people of color, women, and those with disabilities.
2. Dealing with chronic labor shortages is the next weak signal that respondents are most ready for. Over half (59%) have a plan, have started implementing it, or are deep into implementing their plans.
3. Building resiliency into systems is a close third. Whether they’re building for further COVID disruptions or future market disruptions (supply chain, anyone?), more than half (56%) have moved from thought to action.
4. Respondents are not ready for Environmental, Social, and Governance (ESG). Only one-third (34%) of respondents are actively working on making the shift from talking about ESG to acting on it. If your organization is aware of ESG but not doing anything about it, you’re in the majority based on this survey.
5. Less than a third of respondents (31%) are working on plans to deal with higher energy prices. Our team identified this as a weak signal last November, long before Russia invaded Ukraine. Now, higher fuel prices and higher expected fuel prices are driving up the cost of everything that needs to be delivered - groceries, Amazon boxes, and passengers via airplanes, buses, and cabs.
What about you?
Which of these weak signals are relevant to your community or organization?
How ready are you to respond to them?
Find out how you rank compared to others by taking the survey.
And let us know what “weak signals” you’re noticing.
Charlie Grantham, PhD, APF is a futurist, author, and strategist who’s helped dozens of our clients over the years. Charlie served in Special Forces in Vietnam and earned his PhD in Sociology. Afterwards, he worked on the front lines of the telecommunications and remote work revolutions. He’s seen a thing or two. His current focus is health care and well being. Charlie works from Tucson, AZ.
Rebecca Ryan, APF
Rebecca Ryan captains the ship. Trained as a futurist and an economist, Rebecca helps clients see what's coming - as a keynote speaker, a Futures Lab facilitator, an author of books, blogs and articles, a client advisor, and the founder of Futurist Camp. Check out her blog or contact Lisa Loniello for more information.
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