Surviving Change

Change is one of things we seem to either love or hate. Listen to some of these phrases about change. The Times They Are a-Changin (song by Bob Dylan), “Change or Die”, “The Only Thing That Is Constant Is Change.” (Quote by Heraclitus, Greek Philosopher), and “Money and success don’t change people; they merely amplify what is already there” (Quote by Will Smith). Obviously these are just a few statements about change, but they do illustrate four important things about change.

  1. Change inevitable, so embrace it (See Change or Become Irrelevant)
  2. Change is essential (see We’re Making Money – So Why Change?)
  3. Change is continuous (See Ready for Some Change?)
  4. Change test our character (See The High Price of Integrity)

Change is Inevitable

There is a humorous quote by Albert Einstein that says “Women marry men hoping they will change. Men marry women hoping they will not. So each is inevitably disappointed.” There are two important points here. One, we cannot completely control change and two, we and everything else that is finite are going to change. Finite includes businesses, so for a business surviving change means knowing and accepting this. Deal with it.

Change is Essential

If an individual or a business is to survive, they must be willing to change. We have a responsibility to manage this change as much as we can and to mitigate the impact of the undesirable changes. However, even the changes that we cannot control often present opportunities. The advent of the internet has offered numerous opportunities. It has also contributed to the downfall of businesses unable to adapt. Surviving change requires a business to accept some things as out of their control and be willing to adapt to change with changes of their own.

Change is Continuous

Each morning we all look in the mirror. Though we may not notice it from day-to-day, over time we will notice we have changed physically. If we look inside, we also realize we have changed intellectually, spiritually, and emotionally. The same concept holds true for business. Each day employees know a little more than they did before. Each day the market changes even if only subtly. There is simply no way to escape this reality.

Change Test Our Character

Will changes in the competitive environment cause us to begin to sacrifice principles at the altar of profit, or will we adjust to the changes without surrendering our integrity? Surviving change does not require us to forego what is right. If we are tempted to do so, then we need to examine ourselves more closely.

If you want to know more, contact AimCFO – Contact

As always, your comments are welcomed.

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