Lots of challenges and opportunities too:
I have had the pleasure to see entrepreneurs work and am always impressed with their ability to focus on the most important tasks – tasks that will bring the organization to the next level of performance. Here is what they do:
- Do not hesitate to assess and then eliminate all wasteful tasks or activities
- Look at every challenge as just part of doing business and use the challenge as a catalyst for change
- See the short term future, 30 to 180 days, as the incubator for pulling the plug on select activities, people or products
- Use the short term future, 30 to 180, days to launch the fresh ideas that will produce positive change in the face of reality
Develop your own “See Opportunity” process:
Many entrepreneurs do this as part of their usual style. It is a part of their nature. On the other hand, most managers need a more formal process to see new opportunity.
Take one hour to discuss (with one trusted peer) the changes taking place in your market and your company. Do not conclude the discussion until you have pinpointed the biggest challenge and the opportunity that challenge presents. Once done, you will know what to do. Plan on setting new goals for managing change better and developing people. You will need both, and, in a way, they go together.
I hope that you will use this.
Richard R
