When You Become So Focused On One Particular Thing – You Miss Other Opportunities in Business and in Life
5 Ways to Look at the Big Picture and Improve Overall Productivity While Reducing Stess and Anxiety
1. Figure out what your present economic environment looks like?
Has there been a downturn or growth in your area of expertise? What have other businesses like yours experienced and does that mirror what is happening to you? Once you have an accurate depiction of how your business arena is developing, you can begin to address areas to update, change or enhance.
2. Evaluate how your business is impacted by turnover?
Is your time taken up in orienting new hires or actively working to maintain key employees in terms of running your business? Is your staff working at optimum levels and enjoying the work they do? If you are a single entrepreneur, are your physical and mental resources charged up and in good working condition? Often our personal energy overrides the physical or mental exhaustion we may feel and you may not even be aware your engine is slowing down. Take a personal inventory and do what you must in order to retain your vitality.
3. Take a solid look at your current financial situation.
What amount of funds or business do you need to survive through an economic downturn and how much do you need in order to thrive? What resources do you have available to you to shore up your financial portfolio? Once these questions are answered, it will give you the foundation you need to establish business decisions.
4. Realistically evaluate your product or service offering and determine if the marketplace still wants it.
Even though you feel the public needs what you have, a fickle public will purchase what it wants and may leave you behind. Consider taking active steps to interview other entrepreneurs and professionals as well as current and past clients for real-time information. Decisions made in a vacuum are never a good thing.
5. Assess what steps you need to take to catch up to the technology changes occurring in social networking, online meetings, and communication tools.
Even though technology continues to evolve daily, you can utilize resources that meet your needs currently and through the next couple of years. Understand how your customers and clients relate to you and act accordingly.