When you are running a business, it is vital to continuously stay on top of the vital trends that make the difference between thriving and failing.
There is no such thing as a business that you can just set and forget. We live in a constantly changing world, and those who lead the change eat the lunch of those who sit on their laurels.
If you aren’t asking the right questions, you CANNOT be successful.
Here are a few of these 10 key questions that I think are often overlooked and especially insightful:
· What is our purpose for existing?
· Why does anyone need what we’re selling?
· What were our competitors up to?
· How are your employees holding up?
Excerpt from this article at Forbes.com:
Smart, experienced, highly connected people were involved in this deal. It didn’t matter. Why? No one bothered to examine the fundamental realities of the business; no one asked the right questions. Instead, everyone was consumed with generating revenue.
http://www.forbes.com/2009/11/20/ten-key-questions-entrepreneurs-management-kramer.html
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