Q: Although we are a profitable company, our growth has been flat for many years now. If we do not something, we will be going under soon in view of rising costs. What are some of the considerations we should take?
A: You need to take a total review of your organisation. It seems that many of the things you are doing are not in sync with the fast-changing environment. You may need to put in place a new breakthrough business model and then align people, processes and initiatives to it.
- What is the current business model?
- What is it in this that is not driving the results you want?
- What is something you need to do that you have not done before?
- Which is the best path for your business now?