Nick is presenting a live webcast today at midday on the Thought Leadership Live channel.
His subject is that of business change and he is going to describe the changes that we have been through as a business over the past six years.
The title of the presentation is “why change is a good thing” and Nick is coming at this subject from the perspective that a business that does not embrace the opportunities that change brings is likely to find itself in decline as time goes by.
He is looking at the way our client proposition has changed over time and the design effort we have put into it.
Last year the FT published an article that looked at the 10 ways to murder a business and they were;
-Take on too much debt
-Choose the wrong business partner
– Become over dependent on one customer
– Get ill
– Make a mess of a major IT project
– Get into a price war
– Sign a burdensome property lease
– Forget your customers
– Never evolve
– Don’t bother investing
Of these factors, Nick’s focus is going to be on the penultimate point. The business that does not evolve is likely to spiral into a slow decline and one day find itself out of business.
Whilst this webinar is primarily designed for IFAs and those in the retail financial services sector, it should also be valuable for any business owners. ‘Tune in’ and register for free at www.thoughtleadershiplive.com.