Innovate or Die ✌️
Generalists are too busy trying to be good at everything. 😵
Leaving little time to innovate their product or service. 🔧
What happens when they don't innovate? 🤔
- Loss of Competitive Advantage (compete on price) 📉
- Decreased Client Satisfaction (clients leave) 👋
- Limited Growth Opportunities (miss out on new opportunities) 🚫
- Reduced Relevance (decreased demand) ❌
- Talent Attrition (demotivated and seeking opportunities elsewhere) 🏃
Instead, stay competitive, meet clients' changing needs, tap into new growth opportunities, and retain top talent by specializing your business.
Specialists are free to take a proactive approach to innovation. 🚀💪🔝🔝
Questions to ponder:
- Are we regularly innovating our product or service?
- What are the short and long term costs of not innovating?
Have a great day!
CQ
