Is it really time to invest in your workforce now? Or perhaps it's time to practise self-control, batten down the hatches, tighten the belt, etc? Sadly, people development is frequently the first thing to be postponed in hard times.
Even if some people's budgets are undoubtedly tighter, I believe it is now more important than ever to demonstrate to our teams that we value them by supporting their growth.
"Good to Great" by Jim Collins is a book that explores what it takes for a company to transition from being a good company to a great one.
Here are my top lessons and big ideas from the book:
"Here’s the deal, my friend: Profit is not an event. Profit is not something that happens at year-end or at the end of your five-year plan or someday. Profit isn’t even something that waits until tomorrow. Profit must happen now and always. Profit must be baked into your business. Every day, every transaction, every moment. Profit is not an event. Profit is a habit." - Mike Michalowicz, Profit First
Yes! Here, here! I totally agree. 😀
Whilst the above quote may seem a little like common sense, as we know common sense is not always as common as you'd think...
Business & management coach, mentor, trainer, author, speaker, social entrepreneur, (and chief pot and bottle washer!)