Review, Focus, Reset
During the months of December and January, Compete Weekly will present a selection of nine key thought pieces from the 2017 series that will help you focus and reset for 2018.
Article Nine – One Competitive Trait You Must Have
Momentum is the one competitive trait that every leader must seed into their business’s DNA. A business will not survive without it.
Stagnation from indecision or inaction is the Achilles heel – the vulnerability – of every business. It can only be guarded against by seeding your business DNA with momentum so that growth and change are in your nature and you can become unstoppable.
But most business leaders never think about their business in the context of momentum.
A business that has developed momentum is a business that is:
- Constantly moving but also rests to restore energy.
- Compounding on everything that has gone before.
- Agile and not rigid.
- Quick to start, rapid in stopping and changing.
- Growing in strength through movement.
- Anchored.
- Purposeful.
A business that develops momentum is addressing not only the skill caps that commonly weaken the competitiveness of businesses, but is also developing the capacity to deliver more effectively on growth opportunities.
Imagine what your business could achieve if it attained a 20% improvement in its adaptability, problem-solving, creativity and innovation capability. And 20% more on the good ideas it delivered.
The compound effect on profit, capital value and, most importantly, customer value would be unheard of in your business.
Read More …
Additional Reading – ‘Great Or Nothing’
And last week’s article – ‘Everyone Responding The Right Way To Any Issue That May Arise At Work’
Act Now To Grow Your Business:
Are you facing challenges in your business that you are struggling to overcome?
Are you looking for opportunities and new ideas on how to take your business to the next level?
If so, then join the Entrepreneurs+ Community.
All the best in the success of your business,
Richard Shrapnel
