Friday, November 20, 2009

Death of a Business: 5 Signs

My latest contribution over at the OPEN Forum, "The 5 Deadly Signs of Business Decay."

Here's one:
2. The word 'new' has been eliminated from everyone's vocabulary. If you haven't launched one new "something" - project, product, service, technology or talent, for example - in well over a year (nowadays, with technology, it's more like every week!), you're in a downward spiral toward not just mediocrity but "Dullsville," and no one will pay attention to you, let alone buy from or consult with you. Experimentation or calculated risk-taking is essential, and if it dries up, so does the business.
Find out if any of these signs are happening at your business. I sincerely hope not! If they are, do something about it!

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