In 9 Ways to Prepare for Growth, Success and Acceleration â Part 1, I outlined the first 5 ways that lead to what I call The GSA Factorâ˘ – is Growth * Success * Accelerationâ˘.
Today I will focus on the remaining 4 ways which are:
- Take care of your people.
Your employees are what keep you successful. Recognize and reward that. Working in a high-growth organization is stressful and challenging. Take note of your employees’ work and respond appropriately, or risk losing top talent. Create an environment where people are willing to work through the growing pains. In addition, take care of your suppliers, professional advisors and anyone else who can have an effect on your operation.
- Listen to the experts.
You may be an expert in your business or industry, but you don’t know it all. What’s more, there often will be experts who know more about particular parts of an industry than the insiders. Identify the experts, listen to them and learn from them. Let them help smooth out your learning curves and keep you on your growth track.
- Stay close to your customers.
No company can do without customers, and if you don’t stay close to them, you’ll lose them. Know what they need, but more important, know what they want and do everything you can to give that to them. Most important, communicate. Never let your customers wonder what’s going on. Tell them–whether it’s good or bad.
- Focus on your core business and don’t get distracted.
Stick to the business your company knows best. Be sure any diversification or product line expansion you do makes sense. If it has nothing to do with your core business don’t get into it just because it seems like a good opportunity.
Otherwise, you’ll confuse your customers and your employees–and you’ll likely to find that dividing your efforts reduces the quality and profitability of your business.
Just Remember:Â As you plan for when things go wrong, also plan for when things go well. When you’re prepared for Growth * Success * Acceleration, you can better manage the changes it brings and let it take you to the goal you set when you started.
It HereâŚ My contribution to Success Simplifiedis the chapter: From Visioning Great to Successing Great that explores success from a career, business and life perspective and the obstacles that get in the way of people living successfully. I know that this book will be a great asset to your success library.Â You can order your copy by clicking here.
ÂŠ 2012 Dr. Laureen Wishom
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