What If?
Avoid the Law of Unintended Consequences. Plan for risks, review incentives, and consult experts to prevent costly U-turns and leadership errors.
“Even if you are on the right track, you’ll get run over if you just sit there.” – Will Rodgers, American Hollywood star and keen political wit.
s the government announces today that no new diesel or petrol cars can be sold after 2030 many businesses who are reliant on the sale of such cars will be taking a deep breath.
“Even if you are on the right track, you’ll get run over if you just sit there.” – Will Rodgers, American Hollywood star and keen political wit. As the government announces today that no new diesel or petrol cars can be sold after 2030 many businesses who are reliant on the sale of such cars will be taking a deep breath. Today we call this Risk Management, and all business leaders should be regularly asking themselves: are we exposed to any single supplier, geography, market, customer, funder etc? If the answer is Yes – how do we mitigate our risk in these areas where we are overexposed? Another topical example would be manufacturers who had all their products made in China pre-Covid. These are the type of challenges we discuss and help business leaders face and overcome in our Pabasso peer advisory boards for leaders of growing businesses.
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