Have you ever considered why your company exists? Most people will answer that question with a lofty ideal, however, the prime directive of a business is quite simple; it is to create value. Any other purpose that a business pursues is secondary. This article explores this concept and how and why companies get off track when they lose sight of this idea.
Businesses require a cycle of leadership to tame their complex and dynamic nature. This cycle is a disciplined process that continuously shifts between big-picture, long-term visioning to hyper-focused execution against obstacles on the strategic path. Mastering this cycle is needed to drive your business into the high-performance realm.
Businesses are dynamic systems. Everything within a company, and the marketplace in which it exists, is constantly changing. Fighting the change, or imagining you can control it, is like swimming against the tide, you won’t win. Executives that invest time to anticipate the change, actively explore new and unfamiliar strategies, and proactively consider possible outcomes, are prepared to succeed when the unexpected happens.
Businesses are complex systems. Executives tend to approach running a company as if it is a car or plane they can steer, but a better analogy would be nurturing a living organism. Overlooking this concept leads these executives to falsely believe they are in control. Accepting and understanding your role, and limitations, in leading a complex system will greatly improve your probability of success.
Most businesses never achieve their full potential because of many obstacles. This article is the first of a series that will provide you a step-by-step guide on how to transform your business from mediocre to exceptional.
Principles are seldom a priority when starting a business, but without them, you can’t build a sustainable business.
Principles have always mattered. They are the foundation of every business and every culture. Why are they so often ignored?
The economy is changing, responding to these changes requires you to explore new paths. Transformatus LLC is a partner to help you on this journey.
The global COVID-19 pandemic has disrupted every sense of normal in our lives and businesses. Naturally, CEO’s have turned their focus on adapting to the