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RIDING THE WAVES OF RECOVERY

1/29/2020

 
This week, I hosted and facilitated a strategic conversation with business owners, entrepreneurs, and executives of associations and service programs in Central Alberta. 

Riding the waves of recovery is a fascinating subject, but combined with the insights of surfing, it generated more visual appeal than anything related to riding on the waves. I am not a surfer by any means but there are clear and compelling insights about surfing that can be applied in business and life. 

For beginners, you need to consider the following:

1. Health- you need to be in good shape, young and old can quickly adapt to the physicality of the sport. Some sports like snowboarding and swimming are already in the league . In business, your fundamentals must be in good shape. If 'cash is king,' know how to get short-term cash by extending your value to your customers, increasing your offering, and getting better at repeat business. 

2. Skills and capacities-you need to be a good swimmer to be safe and have fun doing the sport. Knowing your capacity will help you upgrade your skill and learn to remediate. You can't fake your way into the game unless you have the capacities to deal with different scenarios, starting small and learning as you go. Same is true with business owners who do not have the basic skills in marketing, branding, asking for the sale, and management of key staff and assets. Do you have the right team aboard? Do you keep abreast of current trends and information about your target markets?

3. Go where the waves are-go where the waves are but stay away from crowded areas. You need to go where there are less people to practice your work and allows for quick feedback that can improve your performance. Staying safe and having fun while learning is the best environment. In tough economic times, look for opportunities that are occasionally missed because they are not 'sexy' or normally considered a profitable segment or niche. 


4. Best tools you need-is it for gliding and recreation or is it for meeting big waves? There are tools you need to be able to perform properly and optimally. Some of these are equipment and tools and some are expert advisors you need to have so that you get the best information that is catered to your unique needs.

5. Judging the opportunity- a skilled surfer they say should be familiar with waves, how they are produced, the effect on the ocean, and the kinds of safety measures you have to do to maneuver into situations that are not expected. As Dixon would say, "surfers are alert for the unexpected at all times." Experienced ones can be on top of the waves one minute and can stay back, holding their ego in check when conditions are not favorable.


Riding the waves of recovery is a science and an art in itself. Instead of accepting that a wipeout is looming and that you will be at the bottom of the ocean again, consider using these strategies to take control and navigate the complexity of the situation on your advantage. Positivity as a mindset is contagious that it can create a better environment for your team and your workplace. ​
If you're interested to deep dive into your strategy, change, and engagement issues, reach out to me at engage@globalstakesconsulting.com. Don't wait for the perfect time, situation, or budget.
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