{"id":4119,"date":"2018-03-24T20:01:49","date_gmt":"2018-03-24T20:01:49","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=4119"},"modified":"2020-02-27T09:35:52","modified_gmt":"2020-02-27T09:35:52","slug":"signs-business-go-stagnant","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/signs-business-go-stagnant\/","title":{"rendered":"Signs Your Business Is About To Go Stagnant"},"content":{"rendered":"
\"Signs
Signs Your Business Is About To Go Stagnant<\/figcaption><\/figure>\n

The idea of your business going stagnant isn\u2019t a pleasant one, and yet if you don\u2019t know the signs to look out for, your business could be about to go stagnant without you even being aware of it. Allowing your business to go stagnant means letting a toxic mold take over your company, affecting your culture, development, and progress. It\u2019ll hinder your ability to grow for as long as you let it. Movement in your business needs to be constant – it\u2019s the only way you\u2019ll continue to thrive and survive!<\/p>\n

Every single company out there is at risk of going stagnant, no exceptions. In fact, most companies will at one time or another, but learning from it is key to overcoming it and not letting it happen again. What do you think of when you think of Apple? A thriving brand that is ahead of its competitors, with plenty of innovative products, and even fans to its name, right? Well, Apple was stagnant for years<\/a> before they finally changed something. The rest is history. Whether you\u2019re stagnant right now or about to go stagnant doesn\u2019t matter. You can change your course and get on the path to success if you really want to.<\/p>\n

Here\u2019s how you know if your business is about to go stagnant, and what you can do about it:<\/p>\n

You lack A Clear Purpose<\/h2>\n

If you lack a clear purpose and don\u2019t have many goals beyond your financial targets, this is a sign your business could slow down to a stop soon. When thinking about your purpose, it should be far more substantial than making money. You should be passionate about it. You should want to shout it from the rooftops!<\/p>\n

You\u2019re Losing Your Motivation And Enthusiasm<\/h2>\n

If you\u2019re losing your motivation and enthusiasm<\/a>, something needs to change. Remember, you set an example to your employees. If you\u2019re losing your enthusiasm, heaven only knows what\u2019s happening to them. You need to have a passionate and engaged team behind you, and the only way of ensuring this is by ensuring you\u2019re the same way. Your team should be spirited and not afraid to say what they think. As well as hiring well, you need to make sure you\u2019re setting an example.<\/p>\n

Your Employees Aren’t Engaged<\/h2>\n

Disengaged employees are a nightmare for your business, don\u2019t start blaming it all on them before you\u2019ve actually examined whether this is because of you. If you regularly hear employees saying that something isn\u2019t their job, or things of a similar nature, it\u2019s a sign that they just don\u2019t enjoy their work anymore. Make sure your team are on the same page when it comes to what your organization stands for and who they are supposed to be helping. Make sure you make their jobs and lives easier by introducing tech and systems like symfact.com<\/a>. Show them that you care about their progress and that you don\u2019t want to make life at work a nightmare.<\/p>\n

You also need to make sure that employees are perfectly aligned with your company culture, which is why the hiring process is so important!<\/p>\n

Your Company Is Lacking In Innovation<\/h2>\n

Think about it: when was the last time you released something innovative within your business? Do you even have things in the pipeline? Are you even excited about the future? You don\u2019t need to reinvent the wheel, but you definitely need to be an innovative company. Create things you\u2019re excited about!<\/p>\n

You\u2019re Not Celebrating Your Business<\/h2>\n

If you have infrequent wins and celebrations, you\u2019re not going to keeping the momentum very high at all. After all, you can find a reason to celebrate for most things. When was the last time you celebrated the success of a single team member, or the team as a whole? What have you actually celebrated in the last 12 months?<\/p>\n

You\u2019re Neglecting Your Brand<\/h2>\n

Neglecting your brand<\/a> is a huge mistake. You need to make sure that your brand is keeping up with the times. Have you taken a look at your value proposition, brand positioning, or messaging strategy lately? Have you assessed your image and how it\u2019s differentiating from others out there on the market today? How about the customer experience that you\u2019re providing?<\/p>\n

It\u2019s so easy for businesses to get stuck when the above things are out of whack. Being aware of stagnation is the first important step, then you can take the steps to stop it from happening.<\/p>\n

Have you noticed any of the signs here? Leave your thoughts below!<\/p>\n","protected":false},"excerpt":{"rendered":"

The idea of your business going stagnant isn\u2019t a pleasant one, and yet if you don\u2019t know the signs to look out for, your business could be about to go stagnant without you even being aware of it. 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