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May 31, 2012 ISSN# 1545-2646
Noise
Over the past few weeks, I have had a chance to stop and look at what is going on in the business marketplace. From the media there is a vibration that the economy is showing signs of improvement. Real estate transactions are up, unemployment is down etc.
The question I have for each of you as business and community leaders is are there real signs of improvement or is this just noise. Much like a toddlers banging a wooden spoon on the bottom of a pan making sounds that dont resemble much of any melody or musical construct.
Yes it is audible and people hear the noise but are they going to pay attention to the distracting sounds or evaluate what is actually happening in their own business and marketplace. Will they use measurements that are based on their customers demands and needs vs. a media based hype that again is just noise and sounds.
When the economy began to falter, small and medium sized business as well as large enterprises had to change how they conducted business in order to survive. Some reduced staff while others made operational changes and still others took the time to retool their business processes to be more effective and efficient.
Now that we start hearing the noise of recovery, we need to stop and look back at the changes made in the business and assess what level of real tangible bottom line positive results are being realized.
This week take a few minutes after reading this newsletter and jot down 5 things that you had to do in order to maximize your business staying power while living through the downturn. Then write down the net or end result of those changes to moving your company forward into the future.
For some the result is a simple we survived to fight another battle and that is a good start. For others, you are still fighting the battle. Yet for others, they have positioned themselves to now start taking advantage of the small glimmers of energy that mean real bottom line improvement.
Interested in moving your business forward and position it for positive growth moving forward? Give JKL Associates a call at (313) 527-7945
Questions or comments – email us at partners@jklassociates.com or call our Office at (313) 527-7945
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