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Remaining Focused
Written by: Paul BridleArticle Overview: Christopher Columbus set sail heading West to look for new lands. It was a daring move at a time of growing national imperialism and economic competition between states. It was risky and many thought that he would disappear off the edge of the world. However, Columbus remained focused even though he did not know exactly what he would find. In fact, he totally underestimated the circumference of the world and when he landed in the Bahamas he thought he had landed on the East Asian mainland. As with all these voyages in history, Columbus prepared as best he could for the months ahead. In part he was preparing for the unknown, but there was a lot he knew he could plan for and he recognized that his team would need to be able to adapt and change as challenges arose.
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Free Download - An Accountant or a Leader - but rarely both By Paul Bridle |
Remaining Focused
The situation is similar today in the current climate.
Nobody knows what will happen over the next eighteen months as the financial
crisis takes us into unchartered territory. Many businesses will suffer
because they are not prepared or equipped to deal with the storms or the sudden
change in plans. Already many have collapsed. Most of these were
businesses that had lost their way already and so the first storm knocked them
over.
As business leaders we need to know what are the important
indicators that will enable our business not only to survive, but also to be
prepared when the upturn begins. There is no point in surviving the storm
to sink when the recession ends because your competitors have already got new
offerings.
We need to consider what I call the three fundamental
indicators of business ability to come out of a recession and be capable of
capitalising on the opportunities that follow.
- Have you got an outstanding product or service?
- Have you got an outstanding delivery mechanism?
- Have you got the necessary cash flow?
Notice the use of the word “outstanding”. By that I mean something that differentiates you from the competition, something that is fresh, dynamic or simply sets you apart.
My concern is that companies are battening down the hatches to weather the storm and are simply not thinking about what the world will look like in the future. Just because there is a recession does not mean that people aren’t looking for good service and perceived added value.
I phoned a company yesterday to enquire about a price for a piece of equipment. I was told I would be put through to Lee who could help me. Then the same person came back and said Lee was on the phone. I asked, “Is there nobody that can simply give me a price? I have the exact details of the model I want, surely all that is needed is to type the number into the computer and tell me what the price is?”.
The reply!!!!! “If you give me your phone number and email address I can look that up for you”.
Can you imagine that? This company is focused on building their database and not serving the customer.
Walk the floor and listen to people talking, you will hear them talking about what they are focused on at the moment.
Business leaders need to be focused how they will survive to the end of the recession, when it comes, being prepared and in the right gear to accelerate out of the recession.
What the business leader is planning and focusing on today will decide how good the business will be in the future.
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About the Author: Paul Bridle RSS for Paul's articles - Visit Paul's website Paul is a Leadership Methodologist. For almost two decades he has studied effective organizations and the people that lead them. As a result of his research around the world, he is called upon to assist both private as well as public organizations by acting as an advisor or consultant on a range of projects relating to management and leadership issues or development. Paul is a Faculty Member of the Institute of Management Studies, Fellow of the Institute of Business Consulting, Fellow of the Professional Speaker Association and a Certified Speaking Professional. Paul was also voted 12th in The Top 30 Most Influential Leadership Gurus in the World in 2007 & 2008 for his contribution to Leadership development. International Business Speaker, Author, Facilitator, Advisor and Consultant Click here to visit Paul's website When to Fold em The Empire Strikes Back So What About Change Remaining Focused An Accountant or a Leader but rarely both |
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