Staying Ahead

Adjust to Change and New Business Ideas to help Your Business Thrive

If you are running a business successfully in the 21st century, then you would have learned how to roll with the punches and developed the ability to adapt to change. It is an ever changing world on very frontier and to live in the present we need to be willing to respond to the changes and demands of the moment. In short you have to be adaptable. The attitude of adaptability gives you the flexibility not to view the future as a set or fixed plan but as something which is subject to change.

Change is inevitable

Since this a universal truth, and more so in the present times of technological advancements, it would do much good for you and your business to gear up your business culture to adapt to change. Here are a few tips that will help you improve your ability to adapt and in turn help your business succeed.

Rethink Your Ideas

Your thinking may still belong to the old school. If you find yourself negating or shooting down a new business idea, pause and rethink. Is it your pre-existing and set notions which are influencing your behavior? Our mind is wired to react automatically in preset situations so you need to decide intentionally to make the change and take up challenge of the innovative idea.

Learn to Analyze

All things new and innovative may not be the best thing for you. Learn to distinguish between the new business idea that is applicable to your business and some conjecture that may have no bearing on the reality of your business. Let your team learn this too and be the first to call for a pause to enable your team to analyze conjectures and inferences that may not be valid .

Don’t Go by Book for Everything

Your book of rules exists for a reason and processes have been put in place with a purpose. When the need arises, you can tweak this established protocol and apply the standards procedures more flexibly to suit and new situation better. Perhaps it will be able to enhance the productivity of your employees.

Move out of your Comfort Zone

Changing with the times does require you to endure some discomfort. Adapting to novel actions and responses can seem strange. But think of what new business ideas and technology can bring to your business. Is your knowledge outdated ? Do you and your team need to update your skills? Lead your team by learning new things and setting an example.

Forget Hierarchy

In today’s working environment, you see yourself surrounded by highly intelligent people who have specialized knowledge. So if the best idea comes from a junior employee, one need not be surprised nor reject it because you are bogged down by hierarchy. This no longer works. Encourage a culture of open communication to move with the times.

Entrepreneurial Learning

Business culture in most small and medium enterprises is not as adaptable as it needs to be. It is stuck in the groove of using ‘standard operating procedures’ and does not welcome new business ideas. Introducing flexibility, moving out of your comfort zone to learn new skills and welcoming new ideas from all levels of employees will give to the edge to win in the modern business scenario.

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