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January 19, 2012 ISSN# 1545-2646
Continuous Improvement
This week we focus on your investment into the business of YOU.
In todays business world, if you are not moving forward then you have stalled and your business will begin to decline. That decline may take some time to reek havoc on your customers, employees and you but it will eventually put you out of business. Your asset will diminish in value and even if sold will not realize the true value it could have if you simply would have continued to invest into YOU Inc..
Im not talking about buying new computers, raw materials, other supplies or upgrading your facilities. Im referring to investing in the applied knowledge you possess which is the ultimate real value you bring to the marketplace.
For instance, when was the last time you set time aside to attend a business conference either in person or took a session via on-line webinar?
When was the last time you invited your vendors in to update your staff on their latest and greatest improvements in their tools, services etc.?
When the business climate went south a few years back, all business retracted on travel, development, education and many others to survive. The strategy at the time was required. Now, staying with the same strategy and not re-investing into the future knowledge improvements will place you and your business at a more significant upward journey moving forward. You cant wait until the market indicators say the climate has changed to invest into your future. You must take strategic steps to bolster your business intellectual assets so they mature while the marketplace is re-fashioning itself to the next level of playing field.
Having a difficult time planning out your investments into the knowledge aspects of your business? Give JKL Associates a call for a no obligation conversation on what we can bring to your business in 2012.
Questions or comments – email us at partners@jklassociates.com or call our Office at (313) 527-7945
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