Think Globally, Act Locally
Driving Results with Knowledge Based Creativity
Your business world is ever changing. Bad news of economy bombards you daily. From price of oil to weak U.S. currency to Wall Street woes to death of traditional advertising. Where are you in your business cycle and where your industry is in its business cycle affect how you take proactive and reactive steps to get to safe harbor.
Puzzle #1: As the world around you evolves and flattens, outside fundamentals change for the worse creating internal chaos, how do you embrace change and be opportunistic to create safe passage?
Puzzle #2: Or if you are one of the lucky ones that is growing because you found a way to deliver real value to your customers in changing times but have internal chaos because your support system has not caught up, how do you put yourself in a position where you don't miss the boat?
Puzzle #3: Or if you are stagnating and don't know why, how do you get unstuck?
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1. Firstly, you need to Think Globally and Act Locally by constantly monitoring, adapting and realigning yourself to the marketplace both in your backyard and out there in the global world. Your competition is in your backyard, like it or not. Don't compete with them, make them irrelevant by establishing your Unique Strategic Position. To be effective, you need to have access to accurate, up-to-date and relevant information, dependable and affordable resources, and quality, independent and trusted advice.
2. Secondly, take stock, measure and seek Constant Incremental Improvements to increase skills mastery in crucial areas in yourself and your organization. Build a company culture that embraces excellence and doesn't mind having to work to get and stay there. To be effective, you need to know the gap to excellence, the 80/20 rule to apply to get there and the way to tell and hire superstars in all areas of your business.
3. According to EPA, sustainable development favors an approach based on capturing system dynamics, building resilient and adaptive systems, anticipating and managing variability and risk, and earning a profit. Tap Technologies and Systematization to be Your Growth Slave so you don't have to be one yourself. Be committed and disciplined. Leverage the digital world of business tools and communication tools to save you time, money and heartaches. Build a company with systems and infrastructure in place so you can be the ultimate executive and the company can run smoothly without you if you want.
4. Lastly, seek Peer To Peer Support with CEO groups. Napoleon Hill who rocked the entrepreneurial world with his famous book, "Think and Grow Rich" surveyed successful business owners at his time and found that the key difference that made them successful was being involved in support groups with fellow CEOs and business owners. However, one peer group format is not the same as the other and what business owners, executives and CEOs get out of them are different. We researched the top criteria for success and would share with you when you Contact Us . We walk our talk and tap into our own peer group support for advisors to help us grow our business. Check out AllBusinessAdvisors, LLC, our peer group for our success.
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