One of the many challenges leaders face involves some sort of change—organizational change, technology change, competitive landscape change, to name a few.
As a leader, I challenge you to seek change. I don’t mean change for the sake of change but change necessary to profitably grow your business despite both foreseen and unforeseen obstacles.
Not ready to seek change? To you I say, “Move or move over.”
“Move over” is exactly what the CEO of BMW did. He recognized he wasn’t moving quickly enough, which resulted in BMW missing out on the growing electronic vehicle market. What did he do? He left the company. If you’re interested, you can read more about the details here.
Constantly seek change to profitably grow your business. If you don’t move, then prepare to move over.
Change is hard work. It can be disruptive. It can be painful. However, change is necessary and therefore it must be embraced. Exceptional leaders and their teams know this.
Here are five suggestions to help you seek change:
- Dedicate time to thinking forward – Don’t make planning a “once in a while” event. Dedicate at least 5 to 10 percent of your time thinking forward. Don’t be caught off guard or spend too much time in the weeds.
- Ask yourself challenging questions – As an example, ask, “What are the top 3 potential disruptions to our business that requires us to be proactive, not reactive?”
- Ask your team challenging questions – For example, ask, “If you were our top competitor and could not lower prices, what is one action you’d take to grab market share away from us?”
- Find and leverage the “change ambassadors” around you – Who are the top people in your organization to help you implement change, and how can you get them to help you?
- Make critical decisions before the timing becomes critical – Move. Do something now or move over.
When you do take action, remember these words from American writer Irene Peter: “Just because everything is different doesn’t mean anything has changed.” To that, I add, “Change must make a real difference. If it doesn’t, move over.”