Balancing Your Business Plans with an Ever-changing Reality
When running a successful business, success is found in having a solid business plan and sticking to it. Unfortunately, at times reality steps in and your plans, SOPs, earning projections and established scripts which you thought were written in stone are now dust. It’s perfectly OK We have a strategy for rolling with these changes as long as you understand that disruption is part of reality and is something that needs to be embraced. The typical causes of outside disruption for businesses usually fall under these 3 categories. Customer Needs (Demand evolves and you can become irrelevant) Competition (Other companies offer what you offer at a competitive rate) Market Changes (Markets are volatile and can cause major disruptions due to political, social, or even environmental fluctuations) Fighting these disruptions require you to constantly improve, innovate and adapt. There are two types of performance styles at play in this arena. Tactical and Adaptive perfor