The Fortune 500 was created in 1955. It was a list of the most powerful publicly traded companies ranked, in descending order, by their gross revenue. Of that original list, only 100 of those companies remain on that list.
This is why:
The world is changing and you don’t have a choice but to change with it, if you wish to survive. Using social networking as a practice, used to be an opportunity. Now its an obligation. It’s just a question of how powerfully you’re using it.
You no longer can afford to:
- Treat your employees like silos of information.
- Expect them to lead projects without the knowledge they need to help them and you compete . . . globally.
- Use your corporate intranet portals to flow information throughout your organization.
- See your customer contact strategy produce slow, inefficient and inaccurate responses.
- Treat your customers just like customers and not as partners who can help you innovate.
So Why Status Quo? What is the return on investment of using the Status Quo? Transforming your business will be expensive and will not happen overnight . . . but what’s the alternative?
Is the alternative to be just another company that fell out of the Fortune 500? Is the alternative more layoffs for you and your employees? Is the alternative producing no competitive advantage for you and your business?
If the alternative to challenging the status quo, won’t produce the returns and the outcomes you will need to remain successful then . . .
Why Status Quo?
Social Business is very new. It’s okay that you need help answering this question. Enabling Social Business is the foundation of what the Vaughan Practice provides. In order to better understand the individual challenges you are facing, call me at 816.200.7356 or email me for a no cost discussion.
