“Companies that grow thanks to development and improvements will not perish. But when a company ceases to be creative, when it believes that it has achieved perfection and what’s left there is to make – it’s doomed. “
Nowadays, the ability to adapt to the environment plays an important role. We must sometimes compromise, give up our developed methods of operation, acquire new skills, reorganize our work system. It often happens that our current activities are less effective, and although we are working as previously, or even burn the midnight oil, the results are poor.
Why is it so?
Many entrepreneurs certainly ask themselves this question.
Why, since the company was growing and everything was on the right track, suddenly there is a factor that inhibits it?
It is a rule of a thumb that in business you have to be flexible and up to date with what is going on around you. Many companies isolate from their environment, focus only on work and profit, failing to pay attention to changes and new customer needs, and in result of that they lose their established, often for many years, market position.
Think strategically and about the future, be flexible and open for change. It is worth considering the needs of new potential customers, meeting their expectations and sometimes even suggest or force ready solutions.
What to do to start changes?
Assessment of the situation, market and customer research are a good starting point. Then we create our own vision of changes and list of products or services that we can offer. The next step is to identify possible solutions leading to our objective. Maybe you should give up something and focus on another sphere? It all depends on how brave we are, how open to change and willing to take risks. After organizing your priorities, it’s time for initiatives – let’s create the exact plan of what we need, design schedules and cost estimates. The final step is to decide on implementation. Do what you think, be not afraid to take risks, fulfill your objectives.
Remember, even the best business plans will not bring any effect, when they’re hidden in the drawer. You failed? Well, this happens, not every plan is deemed to succeed, but this will make you wiser and will help you avoid errors in the future.
Are your plans starting to bring the desired results? Now you see, and you were afraid to take the risk.
Not every decision has to be right, but whoever does not plan and does not develop is doomed to fail, sooner or later.