Growth over Disengagement
Why disengage when you can achieve growth? There are important factors you should consider while starting a business. One important facet relates to assessing how far you have come from the initiation point while you started your business. Having many employees work under you is a whole different ball game. There are different steps associated with achieving growth which can also convert your stance towards acheving growth and doing away with disengagement.
· Know your stage
It is vital to know the stage you’ve reached. Understanding your journey, finding ideas, building your business and transforming it matters. Reflecting and cross-checking if you have attained the goals you first set out while starting the business would be a good way to focus on your future objectives.
· Business growth
A business that generates profits could be heading in the right direction. In contrast, a business that has been struggling, could have particular issues that need to be fixed so that it function again. If you have employees, segregating the high performers and underachievers are equally important. Celebrating the performers’ achievement is necessary but giving that extra push of motivation to the underachievers is equally thought-provoking.
· Upscale
Laying out plans to expand your business is the right way to dwell on. Your business might already be heading in the right direction. Upscaling it to find newer target audiences based on demography as well as psychographic attributes of potential consumers would assist you in upscaling your business to greater heights.
· Personal growth
The success of your business would ultimately depend upon your personal characteristics. Your values, principles and your knack to solve your personal issues can be engulfed in your business to convert sales of your product or services.
· Positioning
Who are your competitors? Where do you stand amongst them? Holding a background research and finding related data while comparing to your own business’ statistics would help you discover your positioning in the market.
· Excess strategy
More often than not, it is possible that your goals might not be fulfilled through a strategy. In these kinds of special cases, it is advised to have a plan B or even C. These strategies facilitate you to get back on track and achieve the goals.
Problems related to your business would be a part of growth. Coping up with your problems can help you find solutions. Every problem associated with your business would have a solution. The points mentioned below could be some of the specific solutions related to your problems.
- Have you ever wondered why your business is slackening? Surround yourself with people who make your business a success. Problems come and go but tackling these problems with appropriate solutions is encouraged.
- Not all employees could possibly be productive. Maintaining a high energy in your workplace could lead to a higher performance.
- Celebrating the success of the employees who are high achievers and working on the issues of those who’ve got to catch-up with the rest is recommended.
- The disengaged employees are usually at the bottom of the pyramid. Give them certain tasks and also boost their spirits to gradually make them highly engaged.
Businesses evolve over time. Actively participating in formulating growth of your business would mean that you have a high level of engagement. Disengagement from your business goals would mean your business might wither eventually. Are you willing to keep persisting and keep engaging to fulfill your goals or would you rather let go of everything you’ve built and give up? The choice is yours.
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Written by: Vyas Chettri