Tuesday, April 3, 2007

Manage Your Vision

I like to look at our business in terms of cycles. I categorize our business cycles into initiatives, sales, product and industry cycles. New initiatives influence new product cycles, which are completed prior to the beginning of a new sales cycle. The introduction of a new product to a customer base through the sales process can lead to industry shifts or in this context, "cycles." It is the leader's responsibility to cast a vision for the future and build their organizational infrastructure to be prepared for the future while simultaneously executing in the current sales cycle or business environment. Proper development and execution of initiative and product cycles affords a leader to move his or her organization from one sales cycle to the next seamlessly. The leader is also responsible for timing this transition so it occurs as soon as there is a declining return on the investment of time in the current sales environment.

With regards to our businesses, The Employment Guide and http://www.employmentguide.com/ ,this is best demonstrated through the introduction of new and exciting ancillary events, initiatives or electronic media products. People in our industry love to have a new and compelling story to tell. What is it about your organization that is remarkable or will create excitement on the part of the key people in the businesses where you provide your products or services? Is it a new twist on a current product? Is it new technology? The creation of a new compelling story ushers in with it a new sales cycle and represents the graduation of a product cycle. Tied to this process comes the responsibility to once again engage in the initiative and product development cycles. Effective leaders can manage multiple initiatives, products and sales cycles concurrently. This is how effective leadership and the leader's vision continuously breathes life into a business and positions an organization to become an industry leader.

Can you identify each of the "cycle" components in how you are currently leading your organization? Initiative -> Product -> Sales -> Industry

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