What do you do if your Business Strategy expertise is not in demand anymore?

Understandably, it's stressful when your expertise seems to be less in demand??, but here's what you can do: First, evaluate the current market conditions?. Understand which aspects of your expertise aren't resonating anymore. Identify core skills which are always valuable and consider how they can be updated to sync with the present needs. Change is the only constant in the business world??, so embrace it! Start to learn new concepts, tools, or methodologies that are currently in demand. Maybe consider further certifications or education in these areas. This way, you transform your existing expertise into something relevant and valuable today??.

PIVOT - Business strategy skills are something which comes with experience and is not a god gift. One need not be disheartened with his skills going out of demand. If he is skilled enough to master one business, he can surely be able to PIVOT his skill to become master at something else. Pivoting at the right time is the best business strategy one can utilize. Understanding the ground reality, skills in demand & their connection in current skill set is something one needs to focus on.

If your business strategy expertise is no longer in demand, start by objectively assessing the situation. Analyze market trends to understand which aspects of your expertise are fading in relevance. Acknowledging the shift without bias or denial is crucial. This honest evaluation will form the foundation for your next moves. Identify the core skills that are timeless and consider how they can be repurposed or updated to align with current demands. Embrace continuous learning and adaptability to stay relevant and valuable in the ever-evolving business landscape. Your ability to pivot will determine your ongoing success.

Let's face it, the business world moves faster than ever. Strategies that worked yesterday might feel stale today. It's enough to make any seasoned strategist wonder if their expertise is still relevant. (Spoiler alert: it totally is!) But here's the thing, the game has changed.

This happens when we work with previous and not updated elements or even a structure that may be its good but does not have the required functionality. We have to make sure that the need of the target market and everything. So we have to update our strategy based on the needs of the market and our business. We need to see how we can improve the satisfaction and profit of our target market. In fact, all strategies are written and made based on the needs of the market. We have to change our mechanism in this direction effectively and get feedback at every step.

I couldn’t agree more, the world changes get onboard or retire. Today, if you’re feeling left behind, learning how AI can be used in your field is a great use of your time. Put it on your calendar. Everyday for 1 hour I will research everything there is to know about how AI is impacting my field. If you’re wondering how to get started, go to ChatGPT and ask it to teach you what you need to know to stay current, and become a leader in your field. Ask it what other AI tools should you be using and why. Ask it to write a plan for you. If you don’t get good results try typing this, “what questions do you need to ask so that you provide better responses”. Have fun. (It can be scary but it is really cool).

Change isn't the enemy, my friends. It's an opportunity. New technologies, global markets, a focus on agility – these are challenges, sure, but they're also chances to refine your skillset and become even more valuable. Think of it like this: your business strategy expertise is your superpower. Change just means it's time to upgrade your arsenal.

When demand for our core digital marketing services began to dip, we expanded into data analytics. This pivot enhanced our offerings and met new market needs, boosting our competitive edge. For those facing similar challenges, exploring complementary skills can be a game-changer.

Imagine your business strategy skills as a superhero belt – powerful, but maybe a little…basic. Now imagine adding some serious gadgets to that belt! Data analysis for data-driven decisions? Check. Digital marketing for understanding the online landscape? Double-check. Project management skills to make sure your plans actually get implemented? Boom! The more skills you add, the more well-rounded and effective you become.

Here's the secret sauce: you don't have to go at it alone. Surround yourself with other professionals – folks in different industries, marketing mavericks, tech gurus. Pick their brains, share your knowledge, and see the world of business strategy from a whole new perspective. You might even spark a collaboration that takes your expertise to the next level.

Business strategy isn't about following a rigid script. It's about creative problem-solving. Don't be afraid to experiment, challenge assumptions, and come up with fresh approaches. Disrupt the status quo! But remember, innovation doesn't mean throwing out everything you know. Your core strategic thinking is what sets you apart. Use it as a springboard to launch yourself into uncharted territory.