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Business Change Management

Business Change Management

Change is Coming...Are You Ready?

On Oct 19, 2017 7:00:00 AM

/ Andrea Simon

Categories: Managing change, business change, vistage


A terrific Vistage International colleague of mine, Elisa Spain, published this insightful and very timely blog about the best way to respond to disruptive change. (Hint: it's not to run and hide.) I re-post it below but you can also read it here.

Vistage economist, Alan Beaulieu, CEO of ITR, issued a simple warning in recent days: “It’s been a good year, but there is a change coming,” he said. “Things are going to slow down.”

For those of us who follow ITR, we know the recession Beaulieu expects next year is one that he’s been forecasting for some time. To be clear, he is forecasting a normal cyclical downturn, not a deep recession.

Beaulieu expects the modestly improving economic climate will continue until February, but, he expects the U.S. industrial production index to peak in the second month of 2018. When that happens, look for things to taper off the rest of the year before turning more sharply downward in 2019.

And, here is Beulieu’s most important message, “When the downturn happens, smart company executives will use the slowdown to invest in your business, from equipment to ERP systems, from talent to technology.”

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Are You Ready to Find Your Blue Ocean® And Get Growing?

On Oct 17, 2017 1:02:00 PM

/ Andrea Simon

Categories: Blue Ocean, Corporate Anthropology, business growth strategies

At Simon Associates Management Consultants, we have led over 300 workshops and dozens of client engagements to help companies “see, feel and think” with fresh eyes—so they can step out of their current mindset and see new opportunities.

Recently, we presented the workshop “Who will be your customer in 3 years? Maybe they are all around you?” to a group of mid-market CEOs who are members of a Vistage International group led by Ozzie GontagA terrific, inspiring coach (and marathon runner), Ozzie reminded me and his members that growing a business means engaging in a daily battle between leading and lagging indicators.

As Ozzie said in his opening remarks, "Every day you have to challenge your assumptions about what makes your business successful today and what will make it sustainable into the future. These are two different questions."

How true! Unfortunately, CEOs of growing companies all too often focus on the past and the present and forget about the future. As Blue Ocean Strategists, our job in these workshops is to open up people's minds to see what is often right in front of them. When they finally "see" the possibilities, it's fantastic, as I describe in my recent Huffington Post article

The essence of Blue Ocean Strategy: finding and then filling unmet needs 

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Enjoy Retirement By Not Retiring: The Value of a Home-Based Business

On Oct 11, 2017 8:00:00 AM

/ Andrew Simon

 

Did you know that 10,000 Baby Boomers retire every day? That's right. It's estimated that of the 76 million people born between 1946 and 1964, 4 million retire every year, which works out to about 10,000 a day. That's really a stunning figure.

I guess I'm bucking the trend, because although I'm well into my 70s, I have no plans to retire anytime soon. I'm having too much fun! Plus, working stimulates my brain, keeps me strategizing and running the numbers, and requires that I stay current with all the technological changes taking place these days.

Are you like me, still working past retirement age? If so, you might enjoy this podcast interview I recently took part in, co-hosted by Richard Henderson and Sherilyn Colleen for Home Business Magazine. Listen in by clicking on the box below:

Thinking about starting a business? 10 things to consider

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ANDREA AND ANDREW SIMON’S ANTHROPOLOGICAL APPROACH

On Oct 3, 2017 8:00:00 AM

/ Andrea Simon

Categories: Change Management, Corporate Anthropology, Blue Ocean Strategy

Reproduced from WAG Mag, Sept. 26, 2017

Curiosity may have killed the cat, but for Andrea Simon and husband Andrew, it’s the secret to their success.

The Yorktown Heights couple uses the techniques of corporate anthropology, a red-hot field since the start of the dot.com era, to help businesses and other organizations take a fresh look at their enterprises.

“We believe the ‘way forward is all around you,’ and our mantra is that we take observations and turn them into innovations,” says Andrea, a Ph.D. and former academic who founded Simon Associates Management Consultants (SAMC). “We both enjoy working with people. We also are very curious. At times it is hard to help someone see things in new ways, much less change their behaviors. The work is both hard but gratifying. When they have an ‘aha’ moment, we just smile.

“Anthropologists often say that we tinker with our observations and watch people or even participate, like the TV show ‘Undercover Boss,’” she adds. “Our approach is designed to help us better understand the clever, creative ways people do things, believe in things and share their stories. Then we try to find ways to help them so our company can add value to their lives innovatively.” 

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