Is it Time to Pivot?

Do you know when and how to adjust your project strategy?

In a recent Harvard Business Review article, author Mauro F. Guillén notes that companies successfully navigating change have often shifted to a business model that supports immediate survival while also building long-term resilience and growth.  Author Mauro F. Guillén explains that not all pivots, however, result in good business performance.

Three conditions are necessary:

First, pivots must align the firm with one or more of the long-term trends intensified by some sort of event or change.

Second, pivots must come as a lateral extension of the firm’s existing capabilities, cementing — not undermining — its strategic intent.

Third, pivots must offer a sustainable path to profitability, one that preserves and enhances brand value in your customer's mind.

Whether you’re managing an enterprise-wide initiative or multiple system projects, see how Visible Advantage Platform’s lightweight design fits easily into your existing architecture while capturing all three of these conditions—so you know exactly when it’s time to pivot. 

For step-by-step guidance on setting up and launching your next project in Visible Advantage, get started here.

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