My wife and I recently took a river cruise on the Rhine and visited Switzerland, France, Germany, and Holland, among many eureka moments, we were taken by the confluence of the past, present, and future.These countries are immersed in the past with the obvious collection of cultures, architecture, languages, religions, money, and commerce. These are all reflected in an almost riotous integration of today’s Europe.
When viewed from a far the historical foundations are still there, core values are somehow maintained and yet a new future is emerging in juxtaposition as distinct and inevitable.
Old surviving and new growing into something dynamic and different yet the same.
What is the point? As I reflected on the similarities with many of our business client’s the story is startlingly the same.
The preponderance of companies 20-30 years ago in the USA, began as a small businesses started by husbands and wives, brothers and sisters, uncles and aunts, friends and relatives and been sustained with core values primarily predicated on hard work and a can do attitude.
This entrepreneurial spirit is part of our America heritage and appeal of a freedom loving nation where anything is possible. However as these companies start to mature and face the inevitable transition to a new generation of leadership and the next step in their evolution conscious decisions must be made.
Plans must be put in place advancing a new direction embrace people, processes, and technology. Like the evolution and transformation of Europe it can be a distributing interaction of seemingly disparate and conflicting agendas.
Future leadership, family matters, changes in goods and services, strategic direction, marketing, sales process, use of technology and the beat goes on!
How do you sensibly build on the past while preparing for the future, while operating in the present, without throwing the baby out with the bath?
This requires some serious soul searching, strategic thought, and planning. We have seen many companies avoid this inevitable dynamic, thus reacting after the fact producing disastrous results.
NABC recommends taking time to examine the past, present, and future of your company and getting ahead of the curve.
We can help with an assessment of your current state and develop a plan for the transition into the future.
Our Blogs are Authored by various members of the NEALABC team.