Want to grow your company? Then it is time to take a good hard look in the mirror and ask yourself some tough questions:
Are you doing the same thing over and over while expecting different results?
What have you done to improve yourself?
What are you doing to take your leadership skills to the next level?
It is vital to ask yourself these questions and more. Growing a company is hard work and takes planning – and that planning starts with you. You must invest in yourself as a leader to gain knowledge on growth (both long-term and short-term), leadership skills, innovation and perspectives on planning.
Ideas on how to grow your company are generated from a combination of resources: You, your employees and other business leaders in the community who may not even be in your industry.
Our business, economic, resource and technological environments change rapidly so it is crucial that you invest time to focus on your company’s long-term future. What should you be considering?
How might current and new technology be innovatively used in your business?
What products and services will become obsolete and what will they be replaced with?
What type of people resources and skill sets will be needed and how can you start finding and training those people now?
What types of stats, research and reporting might you need to support your growth? Perhaps you hire a third-party resource to do some market research for you. The insights provided can be huge.
Who do you know? There is massive value in building relationships with CEOs outside of your industry who – leveraging from their own experiences – can see your business differently than you do. These relationships are invaluable assets to you and often provide great ideas for growing yourself and your company.
Asking for help and being willing to say that you have taken your business as a far as you can on your own is hard. But by acknowledging it, you open yourself to new ideas and greater opportunities. Remember, learning can be incredibly fun and exciting and will surely be of tremendous value to your company, your employees and you.
What are you doing to grow yourself and your company? Let us know.
By Blair Koch