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When It’s Time For Change – Make the Change

Reblogger
Real Estate Broker/Owner with Hamm Homes

Change, change Lou Ludwig, Always has great information to share with us.

Original content by Lou Ludwig

Motivational Power Quote

 

When It’s Time For Change – Make the Change

“There is at least one point in the history of any company

when you have to change dramatically to rise to the next level of performance, miss that moment and you start to decline.”

 Andy Grove, Intel CEO               

 

As I see it . . . . . . .

When it’s for time for change – make the change

 

The history of the business world is littered with failed business models.

 

The businesses didn’t fail because they couldn’t change or adjust, they failed because they refused acknowledge the shifts in the business environment and tried to push either a dying or dead business model.

 

A business that fails to change . . . . Fails.

 

Businesses have to continually stay in tune with the consumers by evaluating their products or services and the way they’re delivered to the market. A successful will adjust and change to remain relevant to their customers.

 

The business that’s stays in tune with their customers will have the opportunity to continue to serve their customers.

 

A business that fails to stay in tune to customers falls behind the business curve and is on a slippery slope of becoming irrelevant to their customers.

 

As we evaluate the market for our product services we have to ask the tough questions:

 

■ Is there a market for the product and service and how deep is

market?

 

■ Is there a market for your products and services in the form   that they’re being offered to the market?

 

          Is the message reaching the right target market?

 

■ What has to be changed or adjusted to maximize your marketing effort?

 

■ Does your customer services meet and exceed the customers expectation?

 

■ Are you offering the right products and services to fit the changing demands of the marketplace?

 

Here are three key questions that have to be asked. Are your products and services delivering value to your customers?  Are they willing to pay for it? And if not why?

 

A business will only remain relevant when there is a need for the products and service and when the customer perceives that value exceeds the price.

 

When it’s time for change – make the change.

 

©2012 Lou Ludwig, Sales and Management Consultant, Success Coach, Speaker, Trainer and Author

Comments (2)

Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Howdy Will,  I believe we are going to see much of what you describe above, either to the good or the bad.  Adaptability will make the difference.  m

Feb 28, 2024 05:25 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Mark  and thank you for your kind comments to share.

Mar 01, 2024 12:01 PM