I spend a lot of time talking about the future of work and the need for organizations to change and adapt. But what about when things aren't going great for your organization? How do you continue to innovate and implement forward thinking ideas then? The good news is, there are ways to adapt during times of difficulty.
I believe that there are two things that a company should do to focus on adapting and changing when things are not going well. First, don't wait for things to be going poorly before you decide to make a change. The best time to adapt is when things are beginning to go uphill, not when they are going downhill. Work on thinking of different business models and try to disrupt yourself. You shouldn't wait for trouble and problems to arise before you start thinking about doing things differently. Always disrupt yourself when things have never been better!
Second, always be as transparent as possible with your people. There are many ways to do this but a great example is Spiceworks, the world's largest IT community. When advertising started going downhill, employees at Spiceworks were really concerned about the status of their jobs. To combat this uneasiness, they started to hold a weekly or monthly meeting in a town hall area with food. During this meeting employees can ask any questions they want. This makes a lot of sense and gives your organization opportunities that you wouldn't usually have. Be sure to let employees know in advance if things aren't going well within the company or industry, don't just leave them hanging. Of course, you don't necessarily have to hold large meetings like this for results. Just remember to be transparent with your people and don't wait to make a change until things in your organization are already going downhill.
Let me know what you think, comment below to share your thoughts! You can subscribe to the YouTube channel for more videos.
Tuesday, May 31, 2016
New 'Transformers: The Last Knight' Teaser Bolsters the 'ROM' Crossover Theory
Paramount just dropped another clue that Transformers 5 will tie in to ROM: Spaceknight.
Playing Safe Can Actually Hurt You: 5 Ways To Take Risks That Will Pay Off
Do you feel like you're playing it safe in business and life? If so, you're keeping yourself from getting ahead. Read on to learn 5 powerful ways to start taking risks that uplevel you.
Bold Online Photo Sharing Campaign In China To Recall June 4 Bloodshed
June 4, the day China hopes the world will forget, comes this year with the usual memorials in spots sympathetic to the pro-democracy protesters who died on that date 27 years ago under gunfire from troops sent by the Beijing government. Hundreds have marched in Hong Kong and events are being scheduled this week in Taipei and Washington.
US Oil Patch Distress Spikes But Private Equity Investors Not Turning Saviors Just Yet
When the oil price slipped below $30 per barrel in January, it knocked the stuffing out of US independent oil exploration and production (E&P) companies. For many fringe shale players it brought home the realization that the crude game was up.
Subscribe to:
Posts (Atom)