ripple effect

“I-Centricity” | Extraordinary Business

“I-centricity” is the phenomenon wherein a person exists solely and completely for their existence.  No matter what the cost, they will do what it is they feel will be the highest and best benefit for themselves.  Unfortunately for them, no one is completely independent and thus, this type of thinking will eventual erode whatever level of success and happiness they sought to embrace.  It is irresponsible and has been the root cause of corporate and economic collapses such as Enron, Wall Street and other catastrophes of recent memory.

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Cyclone or a Splash? | Extraordinary Business

There are many stories that talk about the ripple effect of a small action.  At times, going back through the chain of events that caused a certain set of circumstances to present themselves might be an awesome experiment.  It could be something as seemingly insignificant as being reminded of someone from long ago that set action to a dormant thought.What are Your Company Ripples Like?

While for some, this might be what started a business or a marriage; for others, it could be something that started a negative chain of events that continues to present itself.

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Just When you Had it Figured Out | Extraordinary Business

…things change!

Have you ever found yourself to be a fan of a specific kind of ice cream or amusement park, mall or something like that?  Of course.  We all have.  Unfortunately, more often then not, at some point, things change.  Perhaps it was the service at your favorite restaurant or your favorite ride at the amusement park – things change.Change Directions

Without saying, things change in business.  Employees, vendors, technology, manufacturing practices, etc.  They not not prone to standing the test of time.  Why?  Because if nothing changed, there would be no progress.  Things change, by nature, always seeking the best of whatever situation it is in according its nature.  Plants grow toward the light.  Water runs from high points to low points.  People tend to gravitate toward each other, food and shelter.

So as business leaders, how do we manage change?  Here are 10 steps to keep in mind.  Remember, the more difficulty your organization has with managing change, the greater the cost and ripple effect there will be in the organization.  Conversely, the better job business leaders do in handling change, the more confident their teams are when following.

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Extraordinary Business | Does the Boat Float?

As business leaders, decision-making is our primary responsibility, and what our clients, employees and the marketplace expects us to do.  From purchases as simple as pens for everyday use (or delegation of someone to make those decisions) to developing short and long term plans for the entire organization, business leaders are positioned to “lead the way!”  We must always strive to move the business forward, focus on the vision, think outside of our emotional baggage and build a thriving, growing organization.

The challenge facing business leaders is that there are so many dynamics and echoes around each decision that making gut level decisions often gives us little control over the ripples that result from them.See if the boat floats!

But we do the best we can with what we have.  We throw the boat in the water to see if it will float. The question we have to ask ourselves is: “Is this good enough.”  Well – if you are into mediocrity, perhaps it is. [···]

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Becoming a Economic Business Statistic – Part 1

At this point, I think we all realize that things are a little different this year than they were last year. Realizing that some have been bathed in financial security, I just want you to know that we are in an economic recession. That means that people are buying and spending less, creating a ripple effect making it harder for businesses to stay in business and keep all assets and resources, resulting in an exponentially expanding catch 22 – “I can’t spend because I lost my job because my company cannot sell their widgets which people can’t buy because they lost their job…”

I believe that (in case anyone missed it) all of the articles on how to survive the recession, have been written, and going into Q2, it is time to have our noses to the grindstone and get to running our businesses and being as successful as possible. Now, if you are interested in becoming a statistic, i.e., “one of the 3 million businesses closed in 2009”, I have put together a number of steps, categorically, that you can take. Maybe, possibly, they will get you on the bailout list.clip_image002

Here are the first five suggestions:

1) Don’t stay true to your company’s belief statements. Heck, they are only fancy words that you use, anyway. The “whatever goes” mentality works fabulously well. I call it the ‘Earthquake” belief program.

2) Try to reach all of the people, all of the time. While this will make you stretch your marketing dollars infinitely thin trying to reach all of them, this approach might actually work. Of course, your core customers may feel that your business has gone in another direction, and may wish to do business with another, more focused organization, but that’s okay…it’s only temporary…you can get them back any time you want.

3) Skip steps and cut corners. Everyone understands that this is a bad economy. They will put up with substandard quality, lateness and unpredictability. Don’t worry about it.

4) Don’t set up systems and processes. These are a waste of time and money. Just because you will be able to operate more efficiently – more done at a lower cost – doesn’t mean that it would be worth investing the time it takes to develop them.

5) Stay tunnel-visioned. By keeping your head low and to the grindstone, you won’t have to worry about things that are happening in the marketplace. SWOT analysis are for students and teachers, anyway. Most importantly – don’t pay attention to your market’s spending habits – that could be detrimental.

While these are great suggestions, and can ensure your proper placement in history, please stay tuned for the final five ways you can ensure your business becomes a statistic in this economic downturn.

At Aepiphanni Business Solutions, we are a Small Business Consulting Firm dedicated to serving the needs of small business owners. We specialize in helping you develop strategies for your organization, and are committed to your success. If you have further questions about creating your strategy or developing your vision, please give me, Rick Meekins, a call at 678-265-3908, or email us at [email protected].


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