Game On -Time to Renew
Wall Street has made some postive gains over the past week with some confidence in the equity markets and businesses throughout the country. This confidence is a clear result of the dramatic changes business has made to reduce costs and reposition themselves for the post bubble economy. As we prepare to exit Q1 ’09 the organizations that have made these changes are begining to see the real result of these decisions.
As confidence begins to grow the time is now to strategically renew organizations. Renewal through the execution of positive messages throughout the business. Renewal through aligning customer relationships to the new look and feel. Renewal through revised incentive structures for all the members of the business that contribute. Renewal through putting in place plans and strategies to lever a thinner, less experienced staff to meet the dramatic challenges that lay ahead.
Every client interaction I’ve had over the past three months began with these words “we’re going through a significant transition” the transition has only just begun. The final outcome looks a lot like the NCAA tournament – one and done – when relationships are not maintained strategically. It’s game on to renew relationships with all your stakeholders, take this opportunity and invest boldly in building trust and confidence today.
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