Giving an organisation what they want and maintaining that position
In this edition of Inside Track you will see my article on adopting 3rd party suppliers in order to gain ‘competitive advantage’. A good idea unless the process of adoption goes wrong. But, there are many reasons for change, creating both risks and opportunities. Further complications become apparent when you consider that ‘change’ that happens quickly holds the greatest benefits.
As obvious as this business practice may seem – unfortunately, situations arise time and again in which it is said, “The idea was good, but the implementation failed” …or…“We had a plan and it wasn’t rocket science, but we failed”.
These are accurate phrases heard throughout boardrooms across the world on a regular basis…but why?
Having been in commercial life for nearly forty years, and in business development for over thirty years, I have developed my own opinion on this. The textbooks will tell you it’s all about failure in resource planning, unclear goals, poorly defined project scope, inexperience, et cetera, and all of these and more are true. But that’s a little like saying, “I lost the race because I wasn’t fast enough”. That’s true but the problems started way before this.
The ‘bare bones’ of business success are…‘Giving an organisation what they want and maintaining that position’.
Removing the financial perspective for a moment, let’s focus on how the idea above (giving them what they want) is achieved. Easy to say, not so easy to do!