Do your plans stand strong when things go wrong?
In this episode, hosts Chris Saad and Yaniv Bernstein discuss the concept of 'graceful degradation' and its critical role in planning for a robust business. They share tips on:
- Understanding Graceful Degradation: Why it's important to fail-safe your business plan to avoid collapse in a crisis.
- Visionary Planning: How a clear, unconstrained vision can guide decision-making as challenges arise.
- Making Smart Compromises: Ensuring each step aligns closely with your core vision, even when the ideal path is impossible.
This episode is packed with great advice for anyone looking to enhance their decision-making framework and ensure their business remains agile and resilient.
Tune in to learn how to protect your vision and make pragmatic choices in the face of adversity.
03:24 Defining 'graceful degradation'
06:54 Concrete examples
12:48 Responding to overbearing regulatory regimes
16:24 Flying a robust plane
21:09 Planning with vision
28:19 Graceful degradation combines vision and pragmatism
30:42 Non-negotiable principles
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Key links
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The Startup Podcast website: https://tsp.show
Learn more about Chris and Yaniv
Work 1:1 with Chris: http://chrissaad.com/advisory/
Follow Chris on Linkedin: https://www.linkedin.com/in/chrissaad/
Follow Yaniv on Linkedin: https://www.linkedin.com/in/ybernstein/
Editor: Justin McArthur https://www.linkedin.com/in/justin-mcarthur
Intro Voice: Jeremiah Owyang https://web-strategist.com/
#startup #entrepreneur #decisionmaking #businessstrategy #riskmanagement
