Waiting and Watching
If you are a business leader or a business owner … and during the early days of the pandemic if you had decided to not move quickly … and instead to wait and watch what your competitors did before taking any action … what would have happened?
Your business would miss out on months and even years of business … and might not have even survived.
You had to take action … and fast.
That’s the next assumption we are going to shatter …
Assumption #3 – Wait and watch what others do
Covid-era has shown us that there are times when we have to move fast, sometimes even to just survive.
And at other times, as I mentioned in my last week’s post, speed can also be a disadvantage.
So … what works??
Should we go fast or slow??
The answer again is … It depends … depends on your situation.
Move at the pace that works for your business and your customers.
Move at the pace that allows you to scale effectively and learn quickly.
Maybe move fast to test innovations.
And once you figure out the right approach, move at your own pace to adopt those innovations in the different areas of the business.
Bottomline ..
There is no easy answer.
No one size that fits all ..
But then again … isn’t that how life works? 😊
If you would like to know more about how ConvergeHub can help you drive Digital Transformation in your company by helping you execute better at the speed that is right for your business, talk to us.
Or, if you like to check it out yourself, go ahead and create a free ConvergeHub account here.