Small Business Information |
There Is Security in Change... But Use Caution
It has been said that the only constant is change. That statement, while true for everyone, it is especially true for those engaged in business activities. Business is an environment based on change - competition forces change on us. Our customers and clients always want new products and services. They want those new products and services faster, cheaper, and better. If we can't provide them or won't provide them, our customers will abandon us in favor of those who will. If a business does not change to meet the changing needs of the marketplace it will not remain in business long. Every day brings an element of change yet there are many people, including owners, managers and staff, who are resistant to change. They are uncomfortable with a feeling of being unsecured. And yet, if their business does not change or evolve to meet the challenges of the future their feeling of security will collapse as the business collapses from being passed up in the marketplace. The road to a secure future is to embrace change-with-caution as the throbbing heartbeat of a business bent on success. A business that embraces change is tuned into the future and will find opportunities that others either don't see or will not pursue. A business that embraces change must be devoted to life-long learning. As new technologies spring up, we need to learn how to apply them, to integrate them into our current business model and how to manage them into the model of the future. As new generations of customers come of age, we need to learn how to communicate with them and be relevant. As new competitors enter the marketplace we need to learn how to take our experience and rise above their challenge. The company that knows how to learn and evolve is the company that is secure. The company that resists change, while it may feel secure, is going to eventually have change imposed on it by the constantly changing environment. Security is being prepared for the future. If your business is going to thrive in the future, find security in change. Larry Galler coaches and consults with high-performance executives, professionals, and small businesses since 1993. He is the writer of the long-running (every Sunday since November 2001) business column, "Front Lines with Larry Galler" Sign up for his free newsletter at http://www.larrygaller.com
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
Small Business Failure? Nuts! Pardon my enthusiasm, but a large part of your small business'success is somewhere else. Namely, out among the company's important external audiences. Becoming Recession Proof A lot of business owners I've spoken with lately have commented how their business is slow because of "the recession." If you are one of these people, you might want to reconsider your position. Racing the Competition What is the Big Race all about when it comes to creating relationships?The big race is simply the ability to win the deal on a consistent basis. You will need to perfect your message, be able to state it clearly and precisely, and follow up relentlessly. Awning Cleaning Business Case Study: Entrepreneurship 101 It is most fascinating to study how entrepreneurs spot opportunity in the market place. "My name is Lance Winslow and I am a serial entrepreneur, I admit I am addicted and need help. Five Break-through Ideas to Immediately Increase Profits and Improve Cash Flow Too often in business we get trapped into reviewing our sales numbers without analyzing the all important "profit" number. This is commonly referred to as the "bottom-line" of a business. Don't Wait for the Perfect Plan 1. Don't Spend Too Much Time PlanningWhen you are entering a new market, you won't know the hidden problems and challenges you will face. Get In Touch With Your Competition! We all know that competition is an ugly word but competitors are a fact of life in business. If your business can't compete with other businesses, don't start it. FTC Adding to the Franchise Rule Last summer the FTC put forth a report and then asked for comments on modifications of the franchise rule. There has been no real significant changes since the 1970's, but lots of opinions and case law along the way. How To Accept Credit Cards If you plan to do business online, then your website will need to accept credit cards. For many, the idea of applying for a merchant account sounds like a daunting task, but the truth is that building an online store is incredibly easy these days. WARNING to Home Based and Small Business Who Want to Buy Television Cable Advertising Most small businesses will not even try to advertise on television. It's too expensive and the audience is too broad. The Key to Small Business Growth? Buyer Alignment Unfortunately for all buyers, each selling organization and their individual sales professionals are unique and often require immense amounts of energy to build a relationship with. This keeps buyers guessing, which in turn keeps the sales organization guessing. Building A Business That Works For You Before you want to build your business, you need to know why you are in this business.Many of us entered business as a technician. Three Big Barriers To Small Business Marketing Success When you feel like you're always busy working on your business, but not getting where you want to go, it can be frustrating trying to figure out how to get your marketing on track. It can easily become a "not seeing the forest for the trees" feeling. Private Investigator Tactics A Private Investigator is a professional trained in the art of investigations and surveillance. Otherwise known as Private eyes or, these professionals are for hire 24 hours a day 7 days a week. Motorizing for Profit - The Craftsmen Have Left the Building In the summer, I can't drive two blocks without seeing the activity of the construction industry. Road contractors, house builders and landscapers are everywhere. Why Small Businesses Fail (or Fail to Thrive) Tammy, a skilled and gifted horticulturist, called me to discuss what she needed to know to start her own florist and landscaping business. She had been in the horticulture industry for 10 years and was incredibly skilled at working with flowers and plants - one of the best. Small Business Marketing Series - Choosing a Niche Market Many smaller businesses choose niche markets for various reasons and these niche markets can be very lucrative. This article will look at ways to identify and assess whether they are right for your business?For many smaller businesses it is important to have a focused strategy which enables them to operate in a small part of a chosen market with great success. Book Yourself Solid Key #5: Go Forward With Gusto & Articulate What You Do Want your small business to flip instead of flop?! Statistically half of the entrepreneurs reading this will be out of business in three short years. Establishing a long standing, profitable and successful business absolutely depends on your ability to convey a clear message. 11 Things Small Business Owners Can Learn From Rudy Giuliani 1. Leadership Is Learned - While many people appear to have an innate ability to lead, most learn from their life and business experiences, then put these lessons into practice. Are You Satisfied With Your Business Just As It Is? Did you know that satisfaction is the number one emotionpeople want to experience about their life and business?Yes, fame and fortune are up there, but satisfaction isthe key. Satisfaction is about contentment, gratitude andpure joy. |
home | site map | contact us |