Opportunities for innovation abound in these ‘tough times’
It’s well and truly time to over-ride accusing opinions and predictions in our daily media with conversations that promote, encourage and praise endeavour, effort and resilience on the part of individuals, families, business people, community groups, education providers (to name a few) and yes, even governments.
We are experiencing a continuing global roll-out of a political, social and economic environment that is impacting on governments, businesses, investments, entrepreneurial initiatives, and community/social activities – as well as on individuals, families and neighbourhoods. The impact of these changes can affect our personal, professional and business comfort and confidence – and has given voice to an increasing variety of spokespersons who regularly (even daily) share their ‘expert’ opinions and accusing predictions in and through a wide range of media.
Tough times can be the catalyst for innovation.
- Service-providers may be called upon to respond to changes in the practical or emotional needs of their service-users,
- Businesses are being called upon to initiate new or different products or components, methods of selling, and even the language and style of their customer contact,
- Community groups are dealing with increasing demands in the reality of decreasing resources,
- Member-based organisations (including peak bodies, service clubs, professional associations and political parties) may be facing the challenges of lower levels in membership recruitment, retention and revenue,
- Small and medium businesses may be facing changes in their customer or supplier base, and in credit facility demands or availability,
- People of all ages are dealing in a variety of ways with the overwhelming – and to some overpowering – presence, cost, intrusion and opportunities of or through technology,
A few things we can be sure about:
- increasing demand and opportunity for personal and organisational support,
- competition for available skills, competencies and resources,
- opportunities for innovation, new ways of thinking and collaborative ways of working.
Nonprofit and Corporate Boards, CEOs and SME Owner/Managers will need to consider the implications for their organisations on two fronts:
- impact on their structure and processes – which contribute to the manner and extent to which they plan and achieve growth, or are overcome by others more effective in planning and achieving growth, and
- impact on the immediate and wider context or environment within which their organisation chooses or is forced to exist.
My approach is always practical – take a few minutes to scan through the tools, strategies and suggestions offered in the variety of content categories on this website.
May I suggest starting with Core Business Strategies.
Don’t hesitate to Contact Jean if you would like to discuss specific strategies and tools.
