Steering Through Crisis: A Guide to Crisis Management for Leaders
In the business landscape, crises are as inevitable as the precarious terrains of an arctic mountain or the shifting sands of a desert. Effective...
2 min read
Johnny Kollin
:
28 February 2025 22:31:59 GST
Saturday, March 1, marks the beginning of Ramadan 2025, following the sighting of the crescent moon in the UAE. As Ramadan begins, individuals and businesses across the UAE and beyond enter a period of reflection, recalibration, and renewal. While Ramadan is primarily associated with faith and personal introspection, it can also offer an opportunity for organisations to pause, assess their strategies, and refine their long-term goals. With adjusted work hours and a shift in pace, there’s room for both personal and professional reflection.
The concept of reflection is deeply embedded in effective leadership and business strategy. Successful organisations regularly take a step back to evaluate past performance, identify key risks, and refine their approaches. This month provides a natural moment for strategic reassessment.
Questions businesses can ask themselves during this time:
As Ramadan encourages reflection, businesses can also take this opportunity to reexamine their risk management frameworks. Whether it’s financial, operational, or compliance-related risks, proactive companies assess their exposure and adjust accordingly.
Consider:
At Várri Consultancy, we emphasise the importance of structured risk evaluation. This ensures that businesses remain agile while mitigating uncertainties.
Strategic resilience is about being prepared for uncertainties while remaining adaptive. This time can be a valuable checkpoint for companies to:
For companies in the region, Ramadan often brings adjusted work schedules, shifts in customer behaviour, and evolving market dynamics. Proactive organisations use this period to optimise their strategies, ensuring they remain competitive while fostering a healthy work culture.
This period also allows businesses to strengthen their commitment to ethical leadership. Aligning with Environmental, Social, and Governance (ESG) principles can reinforce a company’s commitment to responsible leadership and long-term success. Companies can:
Enhance transparency in decision-making
Strengthen their corporate governance frameworks
Invest in initiatives that support community development
Várri Consultancy has long advocated for responsible business practices that balance profitability with sustainability. By integrating ethical leadership into daily operations, companies can build stakeholder trust and create lasting value.
Ramadan is a significant month of faith, reflection, and renewal. While it holds profound religious meaning for those observing, its themes of introspection and recalibration also offer valuable lessons for businesses and professionals. This period presents an opportunity to step back, reassess strategies, and reinforce resilience in an evolving market.
At Várri Consultancy, we support organisations in navigating these strategic shifts, and help them build resilience for long-term success. We wish everyone observing Ramadan a month filled with reflection and success.
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