There are always a million things going on in your business: Sales, Customer Service, Operations, and Saving Deals…. A recent conversation with a colleague got me to think about two business focuses, working “on the business” or “in the business”. The “in the business” functions keep the day to day moving and the cash flows to continue operations. The “on the business” activities are what cause progress and viability for the business in the future.
The “on the business” focus could be things you aren’t doing that if done could differentiate you and create a moat around your future business. These are the things that might not have direct impact in the near term but could be the reason your business is relevant in the future. When you formulate those future activities, there are a couple things to keep in mind to guarantee success.
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Give it a try – and quick.
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Accept that mistakes will be made.
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Take small steps.
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Give people the room they need.
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Milestones to make sure the above four are being acted upon.
The goal of the above activities is to implement activities that will continually stimulate progress and reinforce evolutionary behavior. Like it or not, our world is constantly changing, and technology will only keep accelerating that change.
What are you doing to stimulate your business growth to evolve for the future of the industry?
What radical idea if executed on could change the industry and solidify your business moat?