I'm watching the slow demise of a would-be stellar business and it's not the easiest downhill slide to watch. Especially since, by all appearances, the company seems to be on an upward trend. Sales have increased, in general, with occasional plateaus. Growth has necessitated the hiring of more staff. There's been expansion in product line and physical space; including the opening of a new storefront. The Facebook fan page is growing. I'm sure you're wondering, so what's the problem?
Well, the owner has no idea how to maintain momentum and prepare for increased growth. I can't possibly put you through the painful experience of hearing some of the stories I could share that would make you cringe and itch. But I will say the loss in income, market share, social presence and opportunity is astounding. Once again, it all boils down to inability to give free reign to qualified individuals/employees who have the drive, ideas and energy to pursue success. Trusting no one and micromanaging everyone in your visual range is a recipe for resentment, missed opportunities, choked expansion and ultimately, the demise of all that is worthwhile; both personally and professionally.
No comments:
Post a Comment