How do you communicate and align your team around your pivot decisions and learnings?
Pivoting is a crucial skill for any start-up that wants to survive and thrive in a dynamic and uncertain market. But pivoting is not just about changing your product or business model. It's also about communicating and aligning your team around your pivot decisions and learnings. How do you do that effectively and efficiently? Here are some tips and best practices to help you.
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Acknowledge team efforts:Recognize and appreciate the hard work your team has put into the project before pivoting. This helps ease the emotional impact of changing direction and maintains morale.
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Transparent communication:Share the reasons behind the pivot openly with your team, including customer feedback and market trends. This builds trust and gets everyone on board with the new direction.