August 06 – Is it time to regroup? Are your initiatives in business not paying off like they used to? Is competitive pressure changing the way you must do business? Are your customers not engaging as much as they used to? Are you too focused on one area of your business, neglecting other areas?
When pressure seems to be mounting around the way you have been doing business, it is time to regroup and reassess to gain new insights and new perspectives. Your greatest secret weapon is to leverage those who know you best. Your customers. Your employees. Your suppliers. Your peers in other markets. You may also need to engage a subject matter expert to help guide this process for objective, and non-assumptive insights.
Take an MM&I Moment to awaken to where you may need to regroup and gain insights. Are things not running as smoothly in your business? Do you know why? Are there bottlenecks occurring that are a source of frustration? Could a review of process and systems being used be necessary? Has sales slowed in some areas? Have you tracked and analyzed for insights and trends? Has customer engagement become less robust? Have you been too focused on new customers, forgetting about existing ones? Are you feeling pressure due to more competition? Has more competition causes some customers to veer to other options? Has your team lost some of its passion and can-do spirit? Is it time for a refresh on mission, vision, purpose and the difference you are making? Business is never a one and done. It is a constantly evolving, growing and adaptive engine. Continuous improvement and insights must be your norm, not an option. To compete and triumph effectively, you must proactively assess where regrouping is needed as an ongoing measure for momentum building decisions to occur. An agile business is one built for longevity, profits, and impact. Tap into your business Intelligence Quotient (IQ). Empower your ability to shift as needed and lead the pathway forward.
Wide Awake Quote of the Week
“Intelligence is the ability to adapt to change.” – Stephen Hawking
Yours in dreaming wide awake,
P.S. Need a little boost in your regrouping efforts? Read my article on Forbes.com entitled 3 Keys to Having a High Business IQ.
