Powerful Tools to Avoid Disruptions from Uncertainty

Introduction Section

Powerful tools to avoid disruptions from uncertainty in business give you confidence to grow.

If you own or run a business, you are no stranger to facing uncertainty. Natural disasters, pandemics, stock market crashes and other disruptions lurk in the background of “what-ifs” that could negatively impact your business.

Knowing you have to deal with uncertainty doesn’t mean you have to like it—but there are powerful tools to avoid disruptions and help you succeed in spite of it.

Last month I wrote the first of a two-part blog series that addresses powerful tools to manage uncertainty. If you missed it, you can read it here.

This is part two. In addition to those mentioned in the previous blog, here are two more powerful tools to avoid disruption that you should have in your arsenal:

Start with the topic's problem or share an interesting statistic or fact to grab the reader's attention.
Explain why this topic is a problem/challenge (agitate the problem)
Then share your solution to the problem.

Tool #3: Risk Assessment Matrix

The Risk Assessment Matrix looks at gaps in internal and external factors that are most likely to impact your business, such as:

Your team
Company procedures
Systems (or lack thereof)
Other undesirable factors

When you are made aware of these gaps and where they are, you can plan and implement contingencies.

For example, a project manager (other than the business owner) can keep things on track and raise an early alert if there are unexpected complications. This enables you to inform your client, adjust, and successfully complete the work. When every team member is on the same page with established procedures and who is responsible, it makes it easier for someone else to step in if needed.

Here’s what a Risk Assessment Matrix can look like:

If you want to learn more about risk assessments, this is an informative blog article.

Tool #4: 90-day plan

A 90-day plan lists the major projects that need completed during the quarter. It also includes:

Outcomes that could be detrimental to your business
Steps needed to prevent or minimize the disruption
Activities, roles, and timeline for completion

Building a series of 90-day plans allows your business to pursue your annual, 3- and 5-year goals.

Powerful tools such as 90 day plans avoid disruptions when uncertainty occurs

After years of facing uncertainty, some business owners have developed an intuition on what actions to take, while others are paralyzed in fear of making the wrong choice. Indecision is a decision, as we know, and failure to act can sometimes have devastating outcomes.

If your business doesn’t yet use these powerful tools to avoid disruptions, or you have questions about them, I can help. As a Certified OBM®, I can provide a no-cost, no-obligation 30-minute discovery/brainstorming call to discuss your business needs.

While you can’t control change, thinking-ahead to identify and plan for it gives you the confidence to adjust when the unexpected does occur. Speaking with me is a great first step toward implementing powerful tools to avoid disruptions and managing that uncertainty that creeps into your business.

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