+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
Change never comes easily, and small businesses are no exception. That’s why it’s important for you to prepare your company for change. Start by examining your corporate culture to discover any impediments to change. Company procedures and systems should be monitored to be sure they support change, and some traditions and practices may have to be revamped to meet new needs.
Next, keep talking about change at the office so that employees begin to think in more flexible terms and help move things in a new direction. Don’t forget to make your expectations clear, making sure that key employees know that embracing change is part of their responsibility.
Finally, don’t forget to be planning far ahead for the biggest change of all: your retirement or exit from the company.
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.