Nobody in business has a monopoly on all the good ideas for business and an owner who does not take advantage of outside resources may not make the best decisions for the business.
It may be useful in many situations to add another perspective from a source with expertise and an objective but different point of view.
Several outside sources to consider can include:
• Associations
Some associations can provide good sources of networking to informally add insight into current activity within your community of business, including competition. You may meet peers who can be trusted to share experiences with.
• Professionals
The group of professionals that support your business including your lawyer, accountant, or banker can provide valuable advice in addressing issues in the business.
• Coaches
Independent consultants can be hired to provide expertise that compliments your experience and fills gaps in areas the business may be weak or lacking. Low cost, short term problem solving can be attained in this way.
• Your Team
Do not overlook your own management team. This can be a surprisingly good resource and they have a current view of the business operations. Don’t hesitate to ask; the response can sometimes provide quick results and involvement of the teams increases positive motivation for team.
These resources can minimize the risk of taking on decision making alone and certainly expand the horizons of problem solving. Be proactive in seeking help.
Please let me know your thoughts: gerry@polarisgroupmc.com
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