M I C H A E L   V O S S
  • HOME
    • ABOUT MICHAEL
  • SUMMIT PROGRAMME
    • FITNESS ASSESSMENT
    • ADVANCE
    • BASE CAMP >
      • CASE STUDY BASE CAMP
  • BLOG
  • CONSULTING
    • BOARD AND ADVISORY SERVICES
    • INTEGRATED MANAGEMENT SYSTEM BUILDER
    • AUDITING MANAGEMENT SYSTEMS
    • MANAGING INTEGRATED SYSTEMS
    • STRATEGY AND ACTION PLANNING
  • Testimonials
  • Contact
  • Privacy

M I C H A E L 'S   B L O G

Is your business stuck in 2nd gear?

6/11/2018

0 Comments

 
Picture
​With the pace of change today, businesses need to be cruising in overdrive to remain relevant now and sustainable for the future. Yet many are stuck in second gear. Often there is an unknown bottleneck or barrier that is holding them back.  
​
​By conducting an assessment, you can see if your business is one of those that is stuck in second gear when you need to be in overdrive.
John owned a small laundry and dry-cleaning business and was struggled to keep his head above water. He had no formal training how to run a business. He had managed to build it up slowly over time but it had stagnated over the 2 years before we met.  He thought it didn't really have a future. He felt awful about it because he took over from his father and he didn’t want to be seen as a failure.

​He didn’t know what to do. I showed him what successful leaders do to build sustainable businesses. Before long he felt like he really wanted to make a go of his business. Only he didn’t know where to start. He couldn’t see the big picture. I took him through a fitness assessment where he got to see how his cleaning business stacked up against world class companies. He could see where his problems were. It was a big surprise to him because he had previously thought his main problem was a lack of customers. Only it wasn’t. It was in the way he handled his suppliers and contractors. He had no idea that he had been fretting about an area of the business that was OK. He hadn’t realised that getting more customers would not have helped him. Bringing in more customers would have made his contractor management problems even worse. Once John could see where the problem was it was easy to fix.

John described that before we got started he felt like he was in his old Holden stuck in second gear. The only thing was he didn’t know it at the time. He said that I had showed him which gear his business was in, and how he could shift up through the gears.

​Often, I find leaders are completely unaware of where the biggest barriers to growth lie. Just like John found, perhaps your business is stuck in 2nd gear without you even knowing. Businesses cannot grow to reach their full potential because they have yet to find what is holding them back – their No.1 barrier to growth.

​Conduct an assessment across your entire business and you will locate this barrier. Can you be sure that you are working on improving the area that will have the greatest impact on the growth of your business? Perhaps you should carry out an assessment to find out.

Talk to me if you are interested in a fitness assessment for your business.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    FOLLOW ME

    RSS Feed

    Note: Google chrome users will need to install the RSS extension 

    Author

    Michael posts on topics relating to organisational growth and excellence

    View my profile on LinkedIn

    Articles

    All
    Excellence
    Governance
    Leadership
    Management Systems

    Past Posts

    May 2020
    April 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    December 2017
    November 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    November 2014


    Sign up below to receive my future posts and offers
    FOLLOW ME

    RSS Feed

  • HOME
    • ABOUT MICHAEL
  • SUMMIT PROGRAMME
    • FITNESS ASSESSMENT
    • ADVANCE
    • BASE CAMP >
      • CASE STUDY BASE CAMP
  • BLOG
  • CONSULTING
    • BOARD AND ADVISORY SERVICES
    • INTEGRATED MANAGEMENT SYSTEM BUILDER
    • AUDITING MANAGEMENT SYSTEMS
    • MANAGING INTEGRATED SYSTEMS
    • STRATEGY AND ACTION PLANNING
  • Testimonials
  • Contact
  • Privacy