
Leading a Growth-Stage Company through Dynamic Markets
6 suggestions… you can add to your arsenal of tools to keep things moving and to recession-proof your growth-stage company to face the constant evolution of dynamic markets.
goals that are going to help you achieve that strategy? Your strategy is your plan for accomplishing a particular goal vision. If you have a restaurant, for example, a particular strategy you might work on is how to increase revenue. You might try to increase table turns or raise prices or start any number of marketing endeavors. The question is: “As a small business owner, how do I get time to create or even work on a strategy?” As a small business owner, it is VITAL that you put aside time for this every week. Strategy is the lifeblood of your business that keeps it going every day. While making time is impossible, taking time to work on your strategy is like taking time to eat. J Here is a tip: Make yourself a weekly schedule of different activities you will do centered around growing your business – for example, we take two hours of “off-line” time – time when aren’t actively involved in the business, and dedicate it as “strategy time,” and have it set up as an appointment in our calendar software – in this case Microsoft Outlook. What you would do during this time is,
6 suggestions… you can add to your arsenal of tools to keep things moving and to recession-proof your growth-stage company to face the constant evolution of dynamic markets.
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Dynamic management is fundamentally different than any of the old corporate management systems you have known. Because the old systems are so entrenched, there will be resistance, but push through. You will be rewarded with a better system and more sustainable operations if you do.
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