During this time of major transformation, many of us are looking into the future wondering whether or not our businesses are ready for what’s to come: How can we gain a competitive advantage? Is there a way to escape ever-growing debt? How do we sustain long-term business success? These are questions today’s business owners grapple with every day.
Our parent company, MAU, has been helping businesses better manage, analyze, and utilize their workforce for over forty years. According to president Randy Hatcher, future-proofing your business starts with your workforce.
In this 10-part master class series, Randy shares his expert insights on how to keep your business growing and prospering despite all of the unknowns.
Are You Ready for the Future of Business?
Golf professional Kenny Perry was leading the 2009 Masters Golf Tournament in Augusta, Georgia, on the final day with two holes to go. At age forty-eight, he had worked all his golfing life for this moment: a chance to win a major tournament.
His second shot on the seventeenth hole ended up on the back fringe of the green, leaving him a difficult but very playable chip shot. Unfortunately, though, his next shot landed too far from the hole for him to make par. He bogeyed instead, a one-stroke mistake that ultimately cost him the championship.
During an interview later, a reporter asked Kenny what happened on hole seventeen. He said something to the effect that really great players would have made the shot, so maybe he wasn’t that great a player.
I have to admit that his words saddened me.
Here was a dedicated, longtime professional questioning his abilities. He had made it to the big dance, to the pinnacle of his career, and yet he’d failed.
Isn’t this every business leader’s greatest fear? To fail, even when you’re expecting success? No matter your company size, number of years in business, or current wins in the market, failure is an ever-present possibility.
Just like great people, great companies can fail – even at the height of their success.
Businesses can go under for a variety of reasons, but I predict that in the future, those achieving longevity will be run by leaders who understand they cannot be great unless every position in the company is being managed with excellence, from the janitor all the way up to the CEO.
Never in any of our careers has there been a better time to consider new ways to operate our businesses. In the years to come, thriving businesses will know how to manage every part of their organization with excellence, and the most successful executives will concentrate a majority of their time and resources on what will keep their companies growing and prospering.
If you’re a business leader looking to transform your company and workforce, you’re in the right place. This 10-part master class series is designed to help you explore the “what ifs” of your company and unlock new ways of thinking to better focus on the parts of your business that truly matter. By the end, you’ll be confident in your ability to transform your company, gain a competitive advantage, and sustain long-term business success.
This series was adapted and inspired by “The Birth of a New Workforce” by Randy Hatcher. You can read part two here: The Deadly Business Mistake You’re Probably Blind To.