The Greatest Risk in Uncertain Times May Be Refusing to Act | Opinion
Summary
Jim Stavis argues that businesses should not wait for certainty before responding to change. He recommends using reliable evidence, small reversible tests, customer and employee feedback, and clear standards to guide decisions and limit risk.Key Facts
- PwC’s 2026 Global CEO Survey found that 30 percent of chief executives were confident about revenue growth over the next 12 months, down from 38 percent in 2025.
- The World Economic Forum’s Future of Jobs Report 2025 said employers expect 39 percent of workers’ core skills to change by 2030.
- Stavis says he helped build an automotive-aftermarket operation into a manufacturing business over 16 years.
- A fire destroyed one of that business’s facilities near Los Angeles International Airport, forcing the company to rebuild operations while protecting employees.
- Stavis co-founded a steel service business in 1988 with four employees.
- The steel business let customers order exact quantities, schedule deliveries, and request cut-to-size materials.
- When competitors adopted similar services, the company expanded into fabrication.
- Stavis recommends limited pilots, spending limits, and tests with defined customer groups as ways to act while limiting risk.
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