Imagine yourself traveling back in time when things were tough. The impact on your organization was greater than you had ever before experienced as a terrible pandemic spread throughout the entire world, taking lives by the hundreds of thousands. The economy tanked as fear set in around the globe. Revenues took a nose-dive as businesses were ordered to shut their doors and send their employees home, creating a severe economic downfall and an all-time high in unemployment rates.
While this isn’t actually your imagination but rather the reality of what is going on in the world right now, let us assure you, one day you will be looking back on this time simply as a memory of “back in the day”. How will you remember the experience, and how will your company be positioned in the market at this future date as you recall the encounters you are experiencing now?
Your reactions to the current challenges and the actions you take within your business today will determine where it stands tomorrow and the years to come.
Follow these six steps to drive your organization’s growth and position you as an industry leader:
1. Create new Possibilities.
Like most businesses, you probably started off 2020 with big goals for expansion and with the effects of COVID-19, most of your plans went by the wayside as they were no longer relevant to the circumstances at hand. While many others are giving up hope and throwing in the towel, you have an opportunity to do something different. Now is a great time to assess the current environment and create new possibilities for moving forward.
2. Envision the Outcome.
You can combat the fear and negativity around you by focusing on the desired outcome of where you want your company to be five years from now. Engage all your senses (sight, sound, touch, taste, smell, and emotions) and create a vivid picture in your mind of what you want to accomplish. According to Dr. David R. Hamilton, PhD, our brains do not distinguish between reality and imagination. With consistent visualization, your brain will seek for ways to turn your vision into reality.
3. Reverse engineer the outcome to develop Workable Steps.
While having a big vision is important, without the proper steps to reach it, you and your team will become overwhelmed and fail. Working your vision backwards step-by-step in order to break it down into small achievable actions is critical, especially during times of great stress. When we are in the midst of fear or extreme stress, we switch into survival mode and need things to be simplified as much as possible.
4. Design an Empowering Environment.
As the chaos continues outside, you can build peace and structure inside your organization. Make sure the environment you provide is uplifting for yourself, your employees, and your customers. Create a space where your staff love to work, and your customers want to buy.
5. Seek out new and unique Resources.
Company innovation is always important; it is especially critical during a market downturn. Now is the time to explore new and inventive ways to expand your business and position your company as the leader in your industry when the market bounces back.
6. Redefine your Rewards system.
Many organizations mistakenly believe they have a good system in place simply because they “pay their employees well and provide benefits” such as medical and retirement plans. What your team needs often goes beyond financial reward; most people hunger for acknowledgement. Get in the practice of giving recognition regularly with a simple “thank you” in addition to handing out awards on a weekly or monthly basis.
At Accelerated Results 365, we understand it takes a team to achieve greatness. We are ready to be a part of your team to cheer you on and work with you in building a comprehensive plan. With our proven P.O.W.E.R.R.™ system, we will provide you with a roadmap to keep you focused on the things that bring you exponential growth.
When you look back five years from now, you will have incredible stories to tell from “back in the day” of how your company made it through the hard times.
