Hack #10 | Adaptive Pivots Can Help You Stay Ahead of the Curve
When the going gets tough, tough businesses get going — in a different direction if needed.
One of our resident clients made such a pivot when the FDA regulatory burden became so onerous its product intended for the sanitization and disinfection industry might have failed. By switching to the extreme odor elimination market, where it could sell consumer products, the company has found success.
In today’s ever-changing business landscape, the ability to adapt and make strategic pivots is essential for long-term success. Businesses often face challenges such as dry spells, economic uncertainties, and market corrections that necessitate a shift in strategies and operations.
Let’s explore three key areas where businesses can pivot to navigate obstacles and growth effectively to stay ahead of the curve.
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