Strategies for Success in this Recession – Part 2: Things to stop doing

Once you have accepted that you are best able to succeed in the recession by taking charge, a key question to ask is “What am I doing that no longer serves me?”  Things like:-

  • What activities are wasting my time?  Remember the 80:20 rule
  • Which customers are taking a disproportionate amount of time for increasing little reward?
  • What systems that I use are no longer necessary, or capture detail we don’t use?
  • What resources are we neglecting?  This applies to people, space, time as well as your other assets
  • What attachments do I have that keep ensnaring me?
  • What sectors am I focusing on that are contracting rather than growing?
  • What things am I doing exactly the same way as I have for the last 5 years that have not been reviewed to see if they are the best way to do things?

There are certainly many more good questions to ask yourself, but if you get together with your team and identify & challenge your sacred cows, you may be surprised by how much time and energy you can liberate to focus on things which will make a real difference.  Remember, if you aren’t changing, it doesn’t mean that your customers, your competitors and the market place isn’t!

“Stop the mindless wishing that things would be different. Rather than wasting time and emotional and spiritual energy in explaining why we don’t have what we want, we can start to pursue other ways to get it.”  Greg Anderson

Previous blogs in the series:

2 Responses to “Strategies for Success in this Recession – Part 2: Things to stop doing”

  1. Great reading and good rememberence Richard!

    Indeed from time to time, ask yourself a good question, from my own experience it will deliver more then just an answer….

    Thanks for the sharing of this valued lesson!

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