Change Your Business Model for More Success
I had a conversation yesterday with a client about marketing. We were talking about why one method of marketing always seems to work, but it also worked for only a short period of time. Over the years the businesses I've seen thrive are those whose leadership is flexible and nimble on their proverbial "feet". Management is responsive and understands that "change" and more importantly the "ability to change" with the marketplace will take the company forward. Companies that get stuck in a rut and unresponsive as the marketplace shifts will often find their market share erodes over time. Cutting-edge leaders in an area are often confronted with competition, and then that competition eats into that market share. Leading-edge companies know that the minute their competitors step into the arena, it's time to reinvent the arena. And that takes the aforementioned flexibility. They key is to avoid being the old dog who begrudgingly learns the new trick...