Taking A Pro-Active Approach
By contrast, a reactive approach places you at the mercy of any major changes that have taken place in your market. A good example of this is when you opt to change your company’s entire outdated software and technological system within the company after the latest advancements have taken the industry by storm. Instead of investing in these needed changes as they were occurring, you waited until the loss in productivity forced your hand. By this point, you’ve lost out on a substantial amount of time, money, and business.
Don’t take a reactive approach – be an organization which works with a proactive approach. Update your system processes when a new cutting-edge technology emerges, because you will immediately give yourself a leg up on your competitors, who are slower to adapt. You will capture the business that they will struggle to keep, and your reactive competitors will wish that they had been more productive.
Given the marked differences in both approaches, which approach do you think you should take for your business?