Soar to Success November 2020

SOAR TO SUCCESS / Business Acceleration Strategies your business, you could be unaware of important information that could make a difference. Make a point of speaking to both your customers and employees to find out important information. Consider your values. Your values and principles are important, so keep them in mind when making decisions. For each option, ask yourself if it supports your values. Will you be able to live with the consequences of choosing that option? Remember that the morale of your employees can make a big difference in your bottom line. 2) Understand what the challenges really are. It is tough to resolve challenges when you do not clarify the issue. For example, perhaps profits are down, but what is the real cause? Is it because your widget costs too much, so few are buying? Or is it because there is a design flaw that causes it not to work? Clarifying the real issue will help you make a smart decision. 3) Avoid allowing your emotions to make your decision. It is important to remain calm and level-headed. If you feel very emotional, walk away temporarily, and relax. Sometimes a short 10-minute break is all you need to feel better and come at the issue with a fresh perspective. Make the decision when you can respond wisely instead of just reacting based on how you feel now. 4) Take advice from others. Even though you may be the boss, it is important to consider other people’s viewpoints, especially if the decision will affect them. Your team may offer a different option or insight that you may not have thought of. Another option would be to hire a business coach to walk through these challenges where they see things you do not see and call them out, which makes you better. 5) Set a deadline to decide and have multiple plans. Gather pertinent in- formation and then make your best decision based on those facts by your deadline. You do not have to only have a plan A when it comes to business decisions. It is always good to have a plan B, or even a plan C. If one plan does not work out as well as you had hoped, having multiple plans will allow you to go right into a new one without delay. We Win and We Learn! We all make mistakes. It is just part of business. If you learn from these mistakes, you will be able to adapt wisely for the future. Look back at whatever decision you wish to analyze. What was the outcome? How would you change things if you had to make the same decision again? Put these tips into practice at your company and enjoy your newfound confidence in your smart business decisions. Get in Gear Business Solutions helps companies grow through getting everyone on the same page through training, creating a sound structure and processes that are followed by all, strategy planning and solving organization’s largest issues and obstacles holding them back.