In case you didn’t get the memo, we’re facing “uncertain times” as we attempt to “flatten the curve” and adapt to living in the “new normal.” Did we mention that this is all quite “unprecedented”? Buzzwords and clichés aside, there’s no denying the fact that we are collectively experiencing several monumental moments at once, from the global pandemic to a widespread reckoning with our nation’s past, present and future.
For organizations and their employees, the coronavirus has caused a sea change in how they operate, sending ripples through the greater business community that will continue to be felt for months and years to come. Navigating these new ways of working is essential because there’s no turning back to “business as usual”—the only way out is forward, and the only way to get there is with a solid strategy.
Enter R3: Navigate’s practical approach to tackling challenges and changes in the era of COVID-19.
R3 is a sophisticated yet simple framework composed of three phases:
- Reevaluate
- Reimagine
- Reemerge
Much like solving a complex mathematical problem, it’s crucial to address each phase thoroughly and in the right order—organizations cannot expect to see results by taking shortcuts or rushing to market with a half-baked plan of action. To compete in today’s environment, large and complex companies must take stock of what’s working and what isn’t (reevaluate), define their vision and use it to develop a go-forward strategy (reimagine), and harness change to come back stronger (reemerge).
We put together this brief deck as a guide for organizations seeking a way forward—a way to thrive, not just survive—in a reality none of us saw coming.
Even before the coronavirus forced its way into our personal and professional lives, we’ve long believed that strategy matters, but it’s only the beginning. Implementing a strategy that is powerful enough to propel your organization forward and flexible enough to allow for finetuning is no easy task. If you’re ready to take the leap from ideation to execution, don’t hesitate to reach out.