The key to planning in an uncertain economy? Ruthless prioritization

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Leaders should be scaling back on their 2023 goals—and focusing on what’s most important.

Today’s executives are currently contending with what may be one of the most unsettled business environments of the past 40 years. Along with the lingering effects of the pandemic, a war in Eastern Europe, sky-high inflation, and an emerging recession, leaders are facing many resource constraints, from persistent supply chain-related issues to lingering worker shortages that have squeezed teams and burned out employees. And it’s not only these issues, but how fast everything is changing. As companies begin to lay out their 2023 goals, all of this volatility and uncertainty makes it extremely difficult to plan.

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