Continually re-imagine possibilities
The word, “IMPOSSIBLE” has all the alphabets for you to say, “I M Possible”. That is your mission should you choose to take it on.
Chris a successful self-made entrepreneur loves say, “If you can read and write, add and subtract, then with a little bit of imagination and ability to motivate others it is possible to build a successful business”.
Culture of Continual Renewal – SWOT
Chris started his printing business by boot-strapping and at the right time hired an effective sales team to bring in the clients. As the business grew he networked with industry specialist to build a team that was able to deliver world-class quality prints. He inspired his team with stories on why it was worth giving their best.
Chris celebrated successes in the business with his team. The business culture encouraged analysis of both positive and negative experiences which were transformed into opportunities for business and personal improvement. This motivated his team towards high performance at work.
Continual analysis of strengths, weaknesses, opportunities and threats can help drive the business towards continual improvement in a continually evolving market.
Culture of Managing Change – Renewal through Training, & Hiring
A family owned furniture manufacturing company enjoyed years of success supplying to a major North American chain of departmental stores. When the 2008 global financial crisis happened, the company experienced a sharp drop in orders. This was due to the near collapse of the housing sector in the United States.
Fortunately for the company through succession planning the children of the founders had taken over the leadership of the business.
The next generation of the family with their education and experience contributed professional knowledge and skills in law, economics, business administration and marketing at the company’s board of directors meetings.
The leadership and strategic planning by this team of young company directors injected new thinking into planning a response to the economic slowdown resulting from the global financial crisis.
Market diversification and global exporting to non-traditional markets outside of North America were pursued with a high performance sales team that contacted prospects through online trade sites with follow up visits made to meet short-listed potential clients in Europe and Australia. Additionally out-sourcing of production in Asia was established to reduce manufacturing cost.
The company succeeded in finding additional customers in Europe and Australia to make up for the reduced orders from the North American market. These leadership decisions to globalize production and markets resulted in high business growth.
Bringing in a leadership team with a fresh perspective can help manage change and re-imagine possibilities in a manner that grows the business even in times when the local economy is slowing down.
The employees in the company were able to adapt to the change because there was a culture of open communication whereby managers were briefed as to the reasons for change. Existing employees were given opportunities to retrain so they could adapt to working in a company which now had a global business outlook.
Small businesses too can now grow their business by seeking advice from consultants on how to re-imagine possibilities.
International Business Consultant
Reboot your business plan for sustained high growth
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