It could be said that it’s human nature to resist change. This may be because change is usually delivered in the form of bad news and people usually fear what is unknown.
But the reality is, the world around us—especially in business—is changing rapidly. In order to keep up, you need to remain smart and agile; something in which large, slow-moving companies may have issues with.
Technology has allowed us to do things we’ve never thought would be possible. Our smartphones assist us in getting rides from virtual strangers, to have delicious food delivered to our doorsteps without uttering a word, and to even find a date for the evening simply by looking at an online profile.
I’ve written about the “Uberization” of services and the workforce before, with apps such as Bizzby bringing services home and on the cheap. It’s a brand-new sharing economy, and while it may be terrifying for old-school employers and employees, you need to adapt to this economy to survive.
In my years in business, I’ve managed to build the Cadman Capital Group from nothing into a group of over 32 cohesive and complementary companies. This wasn’t without plenty of re-structuring, hiring and firing, and the tweaking of multiple business models.
The economy is ruthless and this is precisely why I want to write this series. All of us must learn to embrace change before the classic brick-and-motor industries die out.
In this new series, much like my previous series, How to Build a $100 Million Dollar Company, I will go through the different steps to embrace change. This series will equip you with the right tools and mindset to take on whatever your career is about to throw at you in the coming years.
Topics to be discussed will include evaluating and auditing your current business, staying competitive in today’s market, how to make changes to your business model, and finally, how to learn to embrace and even appreciate change.
It is my expertise in this subject, and my desire to help those around me, which makes me so incredibly excited to write this series. Stay tuned for my first blog – staying competitive – which will be released next week.
Giles Cadman is Chairman of The Cadman Capital Group, a group of cohesive, complementary companies, operating in the international trade, retail, leisure, and investment markets. Learn more about Giles.