How to make a comeback

In my newslet­ter this month I pro­vided a free Come­back Score­card that you can use to gauge your poten­tial of rid­ing the come­back econ­omy. The four major areas I address in this score­card are;

1. Acquir­ing and Retain­ing Talent
2. Focused Action
3. Increas­ing Performance
4. Con­tin­ual Improvement

You’ll notice that all four of these areas can be improved with out big cap­i­tal invest­ments but ignor­ing or going astray in any one of them can be costly. You might say, “well we don’t have an issue there” and that might be very true but the point is that all four of these areas should be on your radar. You don’t cur­rently have a fire rag­ing through­out your facil­ity yet you have spent a lot of time and money pre­vent­ing a fire. My point? Pre­vent­ing a prob­lem can be just as or more impor­tant than solv­ing a prob­lem. For exam­ple, it’s hard to cre­ate the rep­u­ta­tion of a great com­pany to work for/buy from/ part­ner with but once you’ve lost cred­i­bil­ity it’s much harder to get it back. Just ask Toyota/Tiger/Obama etc..