Business Strategy Archives - Bloom Marketing Studio

The 3 P’s to Pivoting When Faced With Change in Your Business: Process, Pivot & Persevere

When reaching new milestones in your business, you’ll spend a moment celebrating, then the next challenge presents itself that seems even more grand and further to reach! Short lived celebrations for a milestone that may have taken you months or years to reach. Interrupted by inevitable, unplanned changes and you’re forced to pivot. This is the reality that when in business, you are constantly learning, and your business will continue to test you. There is no end destination, and the day you decide to be an entrepreneur is the day you’ve committed yourself to life-long personal development.

Now let’s paint a picture, you are making strides in your business, you’re checking all the boxes, you are ambitious and committed to your work. But then an unforeseen event happens that puts a stop to everything and shakes up all your hard work. You sink into doubt and the overwhelming emotions come swelling in. You become absorbed by the what if’s, the missed opportunities, or the ‘doom’ that you believe is inevitable.

Take the time to reflect on this: Have you thought about how you’ll react when faced with change or challenges that may threaten your business? Did you calculate what that will look like or even include any mishaps in your goals or game plan? —— Likely not.

Change is inevitable, but it’s how you react and respond to it that matters.

  • Here are 3 P’s that can keep you grounded when faced with change.
  • 1. Process
  • 2. Pivot
  • 3. Persevere

1. Process

“The journey is the destination. The process you’re in is the goal. Success is never defined by the outcome but by the process.”

– P. Young

Processing the situation and allowing yourself to feel these emotions is key. Be mindful of your emotional reaction, acknowledge it, breathe and then make an informed decision on how you will act. The mere act of you taking time to process is important because this moment will propel you into your next stage with confidence. Processing is the pivoting point.

2. Pivot

“A pivot is a change in strategy without a change in vision.”

– E. Ries

The meaning of pivot, is leaning into future possibilities all while remaining in a stable place; the center point. The center point is your vision, your foundation and mission. When you are grounded you keep the vision in mind and consider the lessons you learned and the facts about your business and its environment. So when you are standing at the center point; you can pivot to where the action is with informed and confident decision making. 

Imagine a compass, your vision is the magnetic needle that aligns you, while the dial will turn when there is a change in direction. But your vision, the needle, will lead you in the right direction. When you deter away from your vision, the weaker your compass becomes and the further you move from the direction you need to go.

Pivoting is not redefining or recreating, but simply requiring you to take action with integrity. Pivoting will put you in motion towards a new idea or growth in a direction you may have never imagined. 

3. Persevere

You processed and defined your pivoting point now it’s time for you to persevere. Perseverance is refusing to allow unforeseen challenges to shake you. Instead, you are looking for ways to move forward and act on it. It’s having the courage to accept what you cannot change but moving forward with what you can change. Accepting the challenge in persevering against change itself is powerful, usually wonderful things happen with change. Change can open the door to new opportunities and growth, all while transforming you in the process. 

Transformation is a process, and as life happens there are tons of ups and downs. It’s a journey of discovery – there are moments on mountaintops and moments in deep valleys of despair”

– R. Warrern

Feeling like you don’t know the answers is normal. But you should have the feeling of not knowing every so often because it means you’re growing instead of staying comfortable and complacent.

When you’re faced with change, keep the 3 P’s in mind; process it, pivot and persevere! 

You May Also Like to Read:

3 Questions To Avoid The Overwhelm And Simplifying Your Small Business

You may be feeling helpless from the clutter of your material possessions or the busyness in your life. The clutter leaves you with an overwhelming reality that you need to organize everything ALL AT ONCE. This overwhelming feeling may also present itself when simplifying your small business.

Can you relate?

You are consistently going and moving, things get pushed aside or piled on top of each other. Until the time comes when you get a second to breathe and look around. That’s when you realize, “My, what a mess I’ve made”. You begin to straighten up one area but another area attracts your attention. Then another, until you take a step back and realize you are going nowhere. The feeling of being suffocated starts to set in and you distract yourself from facing reality.

You’re not alone.

From small businesses to large corporations there is a shared nature that running a business is COMPLEX. With the evolution of social media platforms, new marketing tactics, and the ever-changing minds of our audiences. Meeting demands and navigating your way through emerging technologies is all overwhelming. When do you catch a breath?!

Recent studies show, 6 in 10 workers experience increased workplace stress (Global Organization for Stress). I can relate to carrying that stress into my personal day-to-day life.

Your business is suffering from complexity.

When there is complexity in your business processes it holds you back. It stops you from being completely involved in the moment of things. Or even the aspects and tasks you once enjoyed. You almost forget why you even started in the first place. 

In return your work and business suffers. As customer service starts to become poor, the communication within your team and across all sectors starts to diminish. There’s no clear guidelines, goals or expectations. This becomes a problem, ignites frustration and overtime creates an inefficient business. Not only does it cause a negative growth trend but increases business expenses as well. The heightened stress levels cost businesses billions of dollars in lost productivity due to time taken off from stress related illnesses. The American Institute of Stress records $300 billion dollars annually are spent in the United States alone.

What causes Complexity?

Minimizing your stress levels is in direct correlation to minimizing the complex nature in the way you do business. According to Ron Ashkenas, the cause of complexity is the cumulative by-product of organizational changes, big and small. These changes create problems that are invisible in the way the work is done.

Complexity comes from all parts of the business processes. It takes a conscious effort to avoid becoming overwhelmed by complexity and to combat it when we are faced with it. What can you do to overcome this ‘complexity’ and help aid your business and ultimately your mind?

The answer is simple, S I M P L I F Y.

Here are 3 questions to simplify your business.

  1. What is truly essential?
  2. What is no longer serving me and my business?
  3. What am I gaining by letting go?

What is truly essential?

The first step to reframing your complex life and business is to ask yourself, what is truly essential? By focusing on the essential aspects of your business. And narrowing down your focus it will reduce stress and enhance your decision making. Evaluate the core of your business, your goals and the message you want your business to convey to your audience. Now, analyze your business, does it currently serve your core and the needs of your audience as simply as possible? Are you on track to accomplishing the goals you set out? Staying true to the core of your business and being in line with your goals will lead you on a path to simplifying.

What is No Longer Serving You & Your Business

Second, ask yourself, what can I get rid of right now? The key to answering this question is to keep your approach simple. Slowly minimize the things that are causing you stress and let go of the mindset that is holding you back from the life and business growth that you dream of having.

Review your customer/client feedback and the products or services that you provide. Put yourself in your clients’ shoes and go through the process of purchasing on your website or filling out a contract you wrote up; is the process simple?

Take notice of what you can make simple for your team, is communication clear, are guidelines comprehensible and are processes transparent? Opening up the conversation and engaging with your team through this process will provide you with perspectives that can ultimately open your mind to new ideas to simplify your business. This will also create a powerful ripple effect with your team, encouraging them to take initiative in correcting any issues or confusion. It’s no secret, companies with higher employee engagement see higher productivity. According to Gallup, engaged employees are also healthier and less likely to experience burnout. 

Letting Go & Simplifying Your Business

Lastly, If you let go of the unnecessary and the non-essentials, ask yourself, “What am I gaining by letting go”? The process of letting go is powerful as it can lead to more growth opportunities that you didn’t think were possible. You may realize that letting go gives you the opportunity to gain more peace, more clarity, and more momentum to achieve your goals. 

By making simplifying a priority it will encourage a more fulfilling work experience, less stress and allow you to arrive at your achievements with joy and pride. 

Simple can be harder than complex: you have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains. 

– Steve Jobs


You May Also Like:
Using Social Media For Small Business

Step-By-Step Create Your Own Brand Identity

«

Form is deprecated, please contact the webmaster to upgrade this form.