Innovation - A Tool for Prosperous Growth

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Why Small- and Medium-Sized Businesses Should Monitor the Media
As the owner or an employee of a small- to medium-sized business, you might have never thought about media monitoring. Maybe you are not even sure what exactly is meant by this and have thus ignored it so far. But you should take some time to get...



BAD NEWS - WHY THE FINANCIAL NEWS MEDIA CAN COST YOU MONEY!
The communication innovations we have around us today like the internet, financial newspapers, and special interest television channels focused on investing like CNBC are a high speed pipeline of nonsensical chatter. All these sources of information...

Creativity And Innovation Directors, Consultants And Managers
Creativity and Innovation is essential for competitive advantage, yet the role of Creativity and Innovation Manager is often not viewed as essential. Organizations without such a role will simply not perform as competitively as their rivals. ...


Contextual Ad Networks...The Baby Boom Is Upon Us
No, this baby boom will certainly not swamp the Social Security system (sort of a bad joke for those that live in the United States, but many other countries...most notably Japan...have an even more acute problem), but this baby boom is...

 
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Are You Poised for Growth as a Home-Based Business Owner?

Whether you're fairly new as a home-based business owner or if you have been one for several years, your business growth is highly dependent on your continued personal growth and industry-relevant learning.

You may have your daily functions and business operations down to a science, but in order to continue moving onward and upward, you need to continue developing and learning new skills and gathering knowledge that will keep you current, relevant and stimulated.

The world around us (human development/technology/innovation) is growing and advancing at an alarming speed and in the blink of an eye you can be yesterday's news instead of today's headline or tomorrow's superstar if you don't do your part to progress as well.

The industry you are working within may evolve, expand, grow smaller or transform and you need to be ready when that happens. You need to be aware of your industry's position in the marketplace and cognizant of where it is heading.

Paying attention to your industry's standing and mindful of future trends will allow you to make decisions that will support strategic action and position you for continued growth and success.

To conduct business with the assumption that once change occurs, you will make the necessary adaptations could be detrimental to your business, possibly devastating.

You want to operate proactively, not reactively; otherwise, you may be left behind the pack, or worse yet, completely out of the race.

What activities have you participated in during the past year that are posturing you for


continued growth?

What new business skills have you learned? Have you enrolled in any courses to upkeep certain skills or develop new ones?

What personal skills have you learned (ie. conflict resolution, improving verbal or written communications, interpersonal relations)?

What education, training or mentoring have you completed?

What organizations do you belong to and what is your capacity within those organizations (ie. member, chair, treasurer, secretary)?

What publications to you subscribe to?

Do you work with a mastermind group who keep you challenged, offer valuable resources, feedback and support?

Do you surround yourself with people who are further along the life and business success continuum than you are?

Seriously evaluate your investment level in growing yourself as a human being and as a business owner. If you see the need for additional investment, take action immediately.

Continuous learning will keep you excited, stimulated and positioned for future growth. It will also keep your mind active and open, which will allow for creative insights, new ideas and a stronger ability to recognize valuable opportunities when they present themselves.

About the Author

Laurie Hayes works with small and home-based business owners who are struggling to maintain a healthy work/life balance. To receive valuable tips, strategies and techniques designed to grow a successful business without sacrificing quality of life, subscribe to her free bi-weekly newsletter at www.wheretheheartis-lifecoaching.com

 


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Edited by:Michael Saunders

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