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Versatility: The Door to Opportunity
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| Guest post by: MIchael Daley |
Article Overview: Wise business leaders are versatile.
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Free Download - What Kind of Financing is Right for Your Business? By MIchael Daley |
Versatility: The Door to Opportunity
In the book "Art of War" Sun Tzu tells us that wise generals are versatile. The general who can easily adapt will know how to employ his forces. The general, who does not, will not be able to take care of opportunities.
This is exactly the same for any business, from the owner/operator small business to a multi-national company. Knowing what your customer wants and the actions of competitors are very important but not adapting to a business world in flux can spell doom for a company.
Several problems come up when organizations need to change. There is not enough time to analyze the business landscape. The organization is resistant to change. Or possibly there is a lack of experience as to what needs to change to capture opportunity.
One way to start the process is to complete a business checklist or self assessment analysis. The purpose of this checklist is to help you think about the needs of your business, so that you may begin to work on those needs. Determining where your business is today and where you want to take it, are the beginnings of consistently improving and building a versatile and nimble organization.
Whether large or small; in business, nonprofit, education, or health care; in one locality or with sites worldwide, if you have the mindset that "If it ain't broke, there is no need to fix it." you will never look beyond today to the opportunities of tomorrow.
Article Tags: checklist, opportunities, self assessment, sun tzu
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About the Author: MIchael Daley RSS for MIchael's articles - Visit MIchael's website MJD Business Advice LLC is owned by Mike Daley, an award winning, small business expert, who has over 37 years of helping entrepreneurs start, grow, buy and sell businesses. We focus on small business consulting with companies who have 100 employees or less. Mike has been consulting, counseling, and providing business advice to hundreds of potential start-ups, and existing businesses in a variety of industries. Through Mike's advice, clients have grown profits, obtained financing, increased sales, developed business and marketing plans, reduced costs, and improved customer loyalty. In recent years he has been woirking with many companies to develop and implement turnaround strategies. He has developed seminars on how to start a business and another on relationship selling. In addition, he has written articles for business journals and has made presentations at several organizations. For the third year in a row Mike has been recognized by the North Texas SBDC as a member of the Million Dollar Loan Club for having successfully helped entrepreneurs secure financing for their business ventures. MJD Business Advice LLC says "Let's grow together!" Click here to visit MIchael's website General Ideas on Expense Management Halftime Business Assessment 7 Areas to Review and Refine Managing Expenses in an Uncertain Time Become a Solution Seller 8 Tips to Tune Up Your Business |
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