5 Strategies For Recognizing Early The Need To Change - Printable Version +- Sup Startup (https://supstartup.com) +-- Forum: Startup Forum (https://supstartup.com/forumdisplay.php?fid=3) +--- Forum: Web Talk (https://supstartup.com/forumdisplay.php?fid=8) +--- Thread: 5 Strategies For Recognizing Early The Need To Change (/showthread.php?tid=7337) |
5 Strategies For Recognizing Early The Need To Change - AnthonyKic - 07-24-2021 5 Strategies For Recognizing Early The Need To Change Every entrepreneur realizes that change is now the norm, and they have to adapt their business quickly to survive and prosper. In fact, the best entrepreneurs seem to see breakthrough changes coming even before they really happen, and are able to turn them into huge new opportunities. In the trade, this rare capability is called the ability to see around corners. While only a few people seem to be born with the right genes, I’m convinced that it is also a skill that can be learned and even institutionalized. In the classic book, “The Attacker’s Advantage,” by world-renowned business advisor Ram Charan, I found some real guidance on what skills are required, what to look for, and how to react in time. Here is a summary of his five basic strategies:
Examples of recent entrepreneurs who exemplify these attributes include Steve Jobs, who moved Apple from a computer company to smart phones and music, Elon Musk, who seems to be capitalizing on structural changes in the auto industry and space travel, and Jeff Bezos, who parlayed selling books on the Internet to a whole new paradigm for shopping from home. Too many entrepreneurs allow the pressures of daily crises and total immersion in tactical details to narrow their thinking and to lower the altitude of their view. Everyone needs to find and hone the techniques that work for them in maintaining that perceptual acuity. Here are a few that both Charan and I recommend to get started:
Even if you can’t see around the corners, it helps to have the perceptual acuity to see bends in the road before others. With that, and the courage to accelerate towards them as opportunities, rather than slowing down to mount a defense, you too can be a winner, rather than a victim in today’s uncertain but unlimited market. Marty Zwilling https://blog.startupprofessionals.com/2021/07/5-strategies-for-recognizing-early-need.html |