The COVID-19 pandemic has caused disruption in various forms, creating opportunities for some and disaster for others.
Change has been evident, and more change is necessary.
In many cases, opportunities have been created by leaders who are open to changing their business model or their product or service offering. These leaders recognize change is necessary to survive. As they look to the future, they acknowledge it will be different than now.
In other cases, despite making minor adjustments, disaster has set in for one or many reasons. Near the top of the list are leaders who do not see the need for change. They simply resist it or believe things will get back to normal soon.
However, their current business model may not work in today’s pandemic environment.
An American Tribal Indian saying—When the Horse is Dead, Dismount—affirms that change is necessary.
Recognize the necessity to change. Make little adjustments today and determine what changes are needed to propel your career and your business into tomorrow.
To think about the future, involve your team and others who can help you see what you may be missing. Start by revisiting these three questions:
• What will business opportunities look like one and two years from now?
• What do you want your business to be like three to five years from now?
• What are the additional changes necessary to succeed over the next five years?
A few areas to examine first:
• Your corporate culture
• Your organizational structure
• Your changing customer’s needs
• Your distinct competitive advantage
• Various growth options
Don’t be the leader who waited too long before dismounting a dead horse. Make changes today.