Channel Eye has joined forces with Royston Guest, leading Business Growth Coach and CEO/Founder of Pathways Global, in our column, ‘Ask the Business Coach’.
While many daily problems keep business leaders awake at night—cash flow, resources, revenue—I want to focus on the macro issues, the big-picture problems impacting your business today, which you often have no influence or control over.
Three key takeaways
- Living in a permacrisis.
- Hunt and hustle for growth.
- Sound judgment and critical decision-making are essential skills.
Episode timestamps
- [1.05] Economic uncertainty regarding inflation, interest rates, and government budgets all impact businesses. Economies are entwined, so one significant change in America (for example) can send global shock waves, impacting other economies.
- [2.10] Permacrisis is defined as a long period of great difficulty, confusion, or suffering that seems to have no end. Think of the Ukraine-Russia conflict, pandemics, and the Middle East; the world seems to jump from one crisis to another – impacting markets, government focus and priorities.
- [3.07] Hunting and hustling for growth. Where and how to find growth? Some examples are managing the cost base due to the cost-of-living increases, fending off competitors, and navigating tech and social media.
- [4.35] Sound judgment and critical decision-making are essential skills for all leaders. All your decisions today can either catapult you forward or set you back on your growth journey. Think through the upsides/downsides, look at the risks and the rewards, and review the data and facts. Does it all add up? Based on the information, make an informed decision and then focus on driving forward.
Do you have a question for the Business Coach?
Send your questions to askthebusinesscoach@channeleye.media
Missed a previous episode? Catch-up and watch the series here.
