QUESTIONING FOR CHANGE
Change can be powerful and profitable. To keep your business profitable, you must change things occasionally. Ignoring the need for change is a big mistake. Just ask the Swiss watchmakers. They did not want to change, and digital technology made them obsolete. Some questions to ask when considering changes in your business include:
What technological developments will affect my business?
How has my target market changed?
What are my employees telling me?
Which products or services give me the highest profit margin?
Which products or services give me the lowest profit margin?
Am I training my employees efficiently and effectively?
What are my competitors doing and what differentiates my business from them?
Making a change to maintain or improve profitability is not only wise for business. It is equally wise for personal and professional growth. Your personal growth and your professional growth correlate with a willingness to change. Personal and professional growth are impossible without change. Some questions to ask when considering personal and professional growth include:
How are my relationships?
Do I manifest caring for others?
Is my life balanced?
What spiritual or religious convictions do I embrace?
What are my ethics and morals?
Is now a strategic time to pursue formal education?
How would my boss, peers, subordinates, and customers evaluate me?
Am I growing, plateaued, or declining as a professional?
Whatever you do, don’t ask these questions unless you are willing to change. Otherwise, you are just wasting your time.
