Just like the brakes on your car, many parts of your business will need changing.
Leaders make changes, followers maintain the struggle.
When conditions change, often the most successful businesses are the slowest to adapt. The fresh leadership and thinking that led to the business’s initial success are often replaced by a rigid devotion to the status quo.
It’s often said that change is the only constant in life. Yet humans seem to be susceptible to resisting change because of the risk associated with it. Despite this resistance to change, it is more important than ever. Napoleon once said, “One must change one’s tactics every 10 years if one wishes to maintain one’s superiority.” In today’s society, the pace of change is infinitely faster, and it will only continue to accelerate.
You can build a marketing platform, create an online business, and generate a passive income from information products related to your niche. You can create a portfolio of modern digital information products and sell books, courses, and live coaching that could enhance your current business enormously. However, without changing your mindset towards modern business practices you could fall by the wayside.
The ‘edge of chaos’ can be a good place to be for the small enterprises. The edge of chaos is known as the fine line between stability and chaos where change, innovation and survival are most likely to take place. It can be a competitive advantage for small enterprises, as they compete with large slothful corporations and governments.
Consider what form H2O takes.
- In the frozen condition it would be ice, nothing much happens.
- The stable condition would be water, going in a predictable direction.
- In the chaotic condition, it would be steam, going in all directions.
“The world hates change, yet it is the only thing that has brought progress”. Charles Kettering
You will find it increasingly difficult to resist the change engines in your marketplace. The first thing to do is identify what they are so you can take steps to minimise the imp[act and take advantage of the opportunities.
- The Internet and Social Media
- Information Technology.
- Interest rates, credit availability.
- The value of the dollar.
- The generation waves.
- Transforming communities.
- Competitive forces.
- The growth of home offices.
- Innovation on purpose
- The downsizing of corporations.
- Energy generation.
- Environment protection.
- Climate Change.
- Cultural shifts.
- Governments, Politics.
Something has to give as the same old actions lead to the same old outcomes.
If you want a good business that is growing profitably and sustainably, then you need to recognise the changes you need to make and reposition your business accordingly.
[read more=”Personal Experience” less=”Personal Experience”]
It is not rocket science to understand that people and organisations that don’t embrace change are bound to lose ground and stagnate.
When people are anxiously anticipating a change, or in the midst of a challenging situation they are far more receptive to being helped with managing the necessary changes. At other time I have found it difficult to engage people in change management even though it is obvious to them that something needs to be changed.
The status quo is usually full of bad mind traffic stopping people thinking constructively about change and their future progress.
I have found that trying to lead change in older well-established businesses can be difficult as the people generally revert to old habits and maintain a closed mind to new possibility thinking, particularly in relation to technology. It is so easy for people to become complacent and revert back to their comfort zone.