Management Lessons on Adaptation and Commitment

5min Business

by 5min Business

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In Chapter 16 of 17 in his 2012 interview, London entrepreneur and CEO Richard Moross answers "How Have You Learned to Adapt When Things Have Not Worked Out as Planned?" Moross walks through specific instances where his company has adapted in the face of a mistake and turn lemons into lemonade. He talks about the need to experiment and work through cycles of broadening and focusing strategy and why commitment and focus are critical to building the business.