The CEO of Bayegan Group emphasizes the importance of strategic agility in a rapidly changing business environment. With the energy sector being particularly vulnerable to fluctuations, he suggests that firms across all industries should embed agility into their strategic frameworks. Diversification, like Shellâs pivot to liquefied natural gas, showcases proactive management as a way to capitalize on future opportunities. Building logistical flexibility and exploring multiple markets can help companies remain insulated from disruptions, ensuring they can pivot effectively when necessary.
At BGN, our logistics network spans multiple shipping routes because we expect disruption. By the same token, operating in many markets provides insulation.
When Shell made the deliberate pivot to liquefied natural gas (LNG), it was hedging against the decline of oil profits.
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