Do you encourage your team to innovate?
Is any time ever put aside to think about new products or services? It is easy to think we are doing well and the good times will continue. They won’t. History is full of major companies that thought they could live forever and are now dead and buried.
Things need to change so everything can stay the same is a phrase I heard a few months back. I agree. If you want your profits to continue at the same level then you need to innovate and push yourselves. If you stay the same, you run the risk of becoming stale and falling behind hungrier and more flexible competitors.