change is inevitable – progress is optional

9
@TheBusJourney #SMEJourney Nikki Williams

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Page 1: Change is inevitable – Progress is optional

@TheBusJourney #SMEJourney

Nikki Williams

Page 2: Change is inevitable – Progress is optional

The Business Journey

Change is InevitableProgress is Optional

Nikki Williams

10 May 2016

www.mlmsolutions.co.uk

Page 3: Change is inevitable – Progress is optional

www.mlmsolutions.co.uk © mlm Solutions 3

VISION

Change v Progress

• Change – to make different, transform

• Progress – growth or development, advancement in general

Page 4: Change is inevitable – Progress is optional

Why it goes wrong….

• Failure to understand the market

• Inadequate financing

• Poor Management

• No planning

www.mlmsolutions.co.uk © mlm Solutions 4

Page 5: Change is inevitable – Progress is optional

Attitudes to Change

– Recognise the need for change

– No desire for change

– No control over change

– Driver for change.

www.mlmsolutions.co.uk © mlm Solutions 5

Page 6: Change is inevitable – Progress is optional

Business Review

• Objective and independent analysis of the business

– Identifying the reasons for underperformance and the options available• Looking at funding, products, markets and potential• Is the business viable?• Enables you to reassess risk and strategy

www.mlmsolutions.co.uk © mlm Solutions 6

Page 7: Change is inevitable – Progress is optional

• "Success comes from knowing what you don’t know, more than coming from what you do know.“

• Ray Dalio

www.mlmsolutions.co.uk © mlm Solutions 7

Page 8: Change is inevitable – Progress is optional

@TheBusJourney #SMEJourney

Nikki Williams Questions?

Page 9: Change is inevitable – Progress is optional

@TheBusJourney #SMEJourney

The Business JourneyThank you for your attendance. Next event30 August 2016