Status quo is the enemy of business growth. In order to grow your business, you need to innovate and improve continuously.
However sometimes, you can get stapled into one spot or stuck in a rut.
Whether you are stuck because of some outside influence like the economy, or let’s face it, sometimes because of an internal influence like you get tired, you do need to recognise when you are in that predicament and shake it off.
If you want to grow your business you need to continuously improve your processes, you need to find new niches that you can service, you need to update your products and services to meet the current day’s needs. Innovation isn’t all about inventing Back To The Future’s hoverboard. Innovation is about improving the current product, service or process just by a fraction so that you are always moving forward; until all these small improvements end up as the hoverboard.
When you are stuck in a rut, I have a great Three Step Process to Innovate. Read More