Last week we introduced you to a means to get focused in on what to fix next in your business. If you missed that article just go to the JKL Associates website under the 3-minute Weekly Insights http://www.jklassociates.com/3-minute-weekly-insights/ section and get caught up on the intro. Hopefully by now you have also taken time, a few minutes, to complete the complimentary discovery questionnaire to narrow in on your Fix This Next item in your business. If not – stop and visit https://jklassociates.fixthisnext.com/
The Fix This Next tool narrows in on one of 5 areas which need your next fix. Those areas are – Sales, Profit, Order, Impact and Legacy. We will be getting into a deeper dive on each of these in the coming weeks. Like Maslow’s hierarchy, one level must build upon another level as you grow your business assets. You cannot work on providing great financial support to charities in the “Impact” phase of your business if you first cannot sustain stability by being profitable. Events like 2020 do cause a realignment of the inner working of a business and thus we move up and down the various levels during the course of time.
In addition to the BHN – Business Hierarchy of Needs in the Fix This Next process, the foundation of all of your business efforts MUST have a solid framework. This is where the “Promise Culture” model of Purpose, Core Values, Principles all tie together with the various relationships which exist in your business. From your employees to your clients and customers, to vendors, stakeholders, and others who without them you struggle to have a business.
Too often businesses are so focused on what they do or deliver they lose sight of who they are and why they even exist. When there is a loss of purpose and no guidance system to hold the fabric of the organization to a set of standards then it eventually becomes a free for all and the integrity of what you started out to accomplish gets derailed.
The vast amount of change which took place in 2020 caused most people to re-evaluate many things both personally and in business. People are questioning where they work, what they do, how they do it and many other factors. Businesses moving from in office staff to hybrid teams or a more completely remote workforce must deal with the impact this has on the organization’s culture. You cannot ignore it and hope it somehow sorts itself out. It will take its own path if you are not leading. You will have no idea where it will take you. As the saying goes – if you do not know where you are going then any path will take you there. I am quite sure that is a poor strategy to take.
This week even before you start to think about what to fix next, you need to get a pulse on your business culture. How did 2020 impact the way you once did business and how do the changes which you implement on the fly in 2020 going to impact how you will do business moving forward.
Looking for some insights into your business culture? Give JKL Associates a call at (313) 527-7945 in Michigan or (407) 984-7246 in Florida or go onto our calendar below and schedule an initial meeting which works best on your busy schedule. JKL Associates looks forward to continuing to build relationships rooted in “Purpose.”