Chloe’s Chronicles:Views from the Management Muse
I am pleased to report that, despite Chloe’s many attempts to thwart the process, we were able to keep her paw covered and clean long enough for her wound to heal and she is back to her normal loveable self once again.
Chloe’s injury and healing process highlighted for me one of the critical elements of effective business leadership—assessing the current situation and understanding what has changed. She was slow to recognize the change and resisted the new limitations, making the whole process more challenging for both of us.
In today’s tough business environment, being the first in your industry to understand the changes and comprehend their implications is a powerful competitive advantage. Even if you are not the first, don’t be left out entirely by tenaciously holding onto assumptions and practices that are no longer working. Learn what is different today and understand what it means for your business sector. New insight leads to new action and a new business model emerges when your assumptions change.
Look for clues about the changing environment in your client/customer base. What needs are emerging that haven’t been seen before? What resources is in short supply and which are abundant? What new problems are your clients/customers looking to solve now? How does your service/product fit in to the new business reality of a tough economy? What benefits do you have to offer in the current situation?
Although it took her awhile to get it, Chloe did eventually accept that the bandage was going to be replaced every time she managed to remove it and would lie on her back and let me re-bandage it without a struggle. She never liked it but she did finally get it.
What new reality is awaiting your recognition?
Please click on the comments section below and offer your thoughts about recognizing what’s different. Join in the discussion, offer your thoughts and observations and let Chloe know how you are using her Management Lessons.
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