“Make systematic improvement a priority.” — Peter Drucker
Why do companies fail? According to the Harvard Business School, one of the most prevalent reasons is assuming that what worked in the past will work in the future. One small example is how managers conduct conference calls. Many don’t prepare properly for the calls even though the reality is that a conference call may be the manager’s only link to the employee. Managers used to have more interaction with employees in the field so a call wasn’t that critical but today, the story is different.
Is your company holding on to outdated strategies?