Decision Toolbox acquired by leader in integrated employee engagement solutions, Engage2Excel.Read the full story.

Future Growth Fuel and Inspired Growth Fuel for Inexpensive Business Growth

By Jeff Bloch, Chief Growth Officer
With Tom Brennan, Senior Writer

 

Part 6 in our series on inexpensive business growth:  Rebuilding Your Business’ Engine for Tomorrow’s Race

Here in the final installment of this series I’ll ask you to look both forward and inward. Whether you subscribe to a philosophy of “create your own future” or “it’s not what the future brings, but how you respond to it,” the future and inspiration are intertwined.

Inspired leaders have crystal balls

The ability of your organization to identify, respond to and capitalize on emerging trends is part of your company’s inherent value. Even if you’re not planning to sell your business, think of it in terms of transferable value. The ability to see into the future may not be as tangible as cash flow or a diversified customer base, but it is essential to a thriving, growing business.

Which emerging trends are relevant to your business? Only you can answer that, but I did refer, in Part 5, to a few that you can leverage right now to manage costs and grow your business: a virtual workforce (work at home options), crowdsourcing and interactive sales presentations.

Lightning bolts for your brain

To jump-start your future-facing brainstorming, consider these disruptive technologies (and the potential implications on your business):

  • Google announced in July 2012 that there are more than 1 million apps available from Google Play, and that users have downloaded more than 50 billion copies. Apple shared similar numbers in October 2013.
  • Amazon CEO Jeff Bezos said in December 2013 that his company is testing the viability of using drones to deliver packages within a 10-mile radius of their fulfillment centers.
  • 3D printers no larger than desktop printers can produce solid objects — not just prototypes, but usable products. Prices are $1500+ today and dropping fast.
  • Wrist phones, 3D goggles — things that seemed fantastic in 20th-century comic books — are already reality.

Lightning bolts for the leader’s soul

Leading others into the future requires physical, mental and emotional strength and stamina. How do you become the most interesting man inspiring leader in the world? Here’s the approach that works for me:

  • Be in the zone, completely involved in what you’re doing. You’ll know you’re there when you have a sense of ecstasy and timelessness, of being outside normal reality and time.
  • Optimize your health for peak performance. Enough has been written about this that I won’t belabor it here, but take into account food choices, exercise and ergonomics. You don’t have to take on an Olympic regimen, but set some realistic goals, and get others to support you.
  • Feed your mind. Again, there are lots of ways to do this. I’m a big fan of Ted.com, which has more than 6000 videos available on all kinds of topics, some informative, some inspirational, some entertaining. A sampling of presenters and titles: Rick Warren on “Living a life of purpose,” Malcolm Gladwell on “What we can learn from spaghetti sauce,” Richard Dawkins on “The universe is queerer than we can suppose” and Jimmy Wales on “How a ragtag band created Wikipedia.”
  • Cultivate deep relationships with your VIPs, and by VIPs I mean family, friends, employees, mentors, clients, vendors — even your competitors. A great way to deepen relationships is to share personal stories. Ask me about “running with the bulls” or kissing a camel sometime.
  • Clarify your “Why.” Check out Simon Sinek’s presentation, on ted.com, on “How great leaders inspire action.” He says that the most innovative and successful companies and leaders focus not on WHAT they do, but on WHY they do it. Why is about purpose, cause, belief — what gets you motivated every day?

Well, if you’ve stuck with me through all six parts of this blog series, we’ve covered a lot of ground. Key take-aways: be courageous, leverage social media and motivate your team to extend your social media reach, take advantage of inexpensive resources, keep an eye on the future, and nurture your body, mind and soul.

To learn more about Decision Toolbox, please contact us – we’d love to hear from you!

Connect with Jeff on LinkedIn!

Did You Enjoy This Article? Sign up for Decision Toolbox’s monthly newsletter: Inside the Box.

Inside the Box will share the secrets of life long happiness….not really, but we will provide you with some great talent acquisition articles and tips that will hopefully make your working life better. You’ll also get the inside scoop on DT.

One Response to “Future Growth Fuel and Inspired Growth Fuel for Inexpensive Business Growth”

  1. January 20, 2014 at 6:10 am, More Leveraged Growth Fuel for Inexpensive Business Growth | Blog | Decision Toolbox said:

    […] wrap up this series in Part 6 by writing about Future Growth Fuel and Inspired Growth Fuel. They go hand in […]

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

See what our clients are saying…

Believe it or not, we don’t have giant heads. See More Client Quotes

  • " Great process..very professional..speed of search and follow-up from (DT Recruiter) was great. Thanks a lot!! "
  • " Decision Toolbox was professional in every way. I appreciate how you responded to our feedback throughout the process, never being defensive, always acting from a position of service to our needs. "
  • " (DT Recruiter) shows so much dedication to both her candidates and clients and she has the ability to find the needles in the haystacks. The DT Team were very professional and their attention to detail is second to none! I would welcome the opportunity to work with (DT Recruiter) and the DT Team on any recruiting project. "
  • " (DT Recruiter) is a true professional and excellent recruiting partner! She sought out the exact requirements we were looking for. Only one candidate was presented to the CEO and hired! He was skeptical of the process from the beginning and is now an advocate of DT stating that it "worked like clockwork"! Great job to the DT team! "
DecisionToolbox 800-344-2026 info@dtoolbox.com