Staying afloat in a changing and challenging world.
In this fast-changing world, we all have to meet the challenges and evolve at breakneck speed to keep up. Unfortunately, doing so often involves a high human and financial cost. With the unrelenting pace of technological achievement and globalisation, coupled with an ever-growing strain on relationships and finances, staying afloat becomes the norm.
Sustainability becomes a significant issue as unprepared businesses, and people struggle to innovate quickly enough so they can remain agile and adaptable. If you want to be staying afloat, then you must go out and expose yourself to the best of what others have done, and then bring the practical knowledge back and apply it to what you’re currently doing.
Staying afloat also means communicating effectively and having access to tools and checklists you can access a better understanding of your situation and convey your messages as clear and concise as possible.
Having easily accessible records at hand allows you to assess the health of the organisation and better judgement and take responsibility sooner about the future.
Your priority should always be should be health and well-being.
Who is going to support you when you hear the terrible news. Introduce programs which cover both your health and business. In times of drought and adversity, just trying staying afloat can have a massive impact on mental health issues.
You can resolve many of your concerns about future difficulties with an ongoing support program. If it is appropriate, you should continue to receive regular checkups to assist you on the road to recovery and ultimate success, both with your health and your business.
The program should be set up with the belief by taking corrective action quicker; many problems and concerns can be diminished and staying afloat will become more realistic. The cure is always more preferable to the disease, and the last thing you want is your business to fall over, and the money dries up.
Healthy people create healthy businesses; or is it the other way around? Remember the words of Oscar Wilde, “A thing is not necessarily true because a man dies for it”.
Many people take a quick fix and move on. Well, I have seen them return and how costs can escalate. There is always the next time, with a far higher price to be paid in terms of health, finance and relationships than of maintaining a support program.
Staying afloat in times of drought and adversity
Australia’s regional, rural and remote areas are renown for droughts, floods and fires which can be all-consuming for the uninitiated and the unprepared. A loss of a job or a big customer can have a devastating impact.
During a drought, it’s not only the farmers who need help and support. The communities depend on the farmers just as the farmers depend on their community. This relationship, more often than not, is overlooked or misunderstood.
Farmers, businesses, non-profits, advisors and the people who live in the towns and villages all need to be working together.
Just trying to survive in drought is difficult for people operating in isolation. We should all be looking for ways of regional people staying afloat. We must help them to come through the drought with less pain.
Drought is a regular, recurrent feature of climate.
However, without adequate mitigation and response, it can be very destructive. If you can’t make enough money to make ends meet, then you are going to be in real trouble without outside assistance.
The good comes when the community knows what is happening, and everyone pulls together, helping each other in staying afloat. Drought often causes everyone to get together and have a good old yarn about their individual problems and the possibilities for the future.
Communities, their farmers and businesses today need fast support and solutions to many diverse and pressing challenges caused by droughts, flooding rains and fires.
While drought can be devastating, it has the potential to bring about necessary changes which have been put off by communities for decades. Discover how insight-driven communities, their farmers and their businesses are already leveraging new ways to manage through droughts and the repercussions which follow.
At the most basic level, droughts make it difficult to grow crops and sustain livestock. However, the effects of drought are much more far-reaching and complex, as they affect people’s health and well-being, along with the local community’s growth and sustainability over time.
Become financially savvy helps in riding out the storms.
Better management of cash flows and other resources is key to staying afloat. Strained financial resources and cash flow budgets are everywhere as people struggle to keep up with slowing sales and activity. Balancing finances to help in staying afloat can become many people’s worst nightmare.
Consolidating profit margins and cost optimisation must become a top priority is survival is to be a reality. Assisting people to balance income and activities becomes mandatory. Everyone must keep an eye on their revenue and profits and both eyes on their expenditures.
As the adage goes, it’s costlier to get new customers than it is to keep loyal ones. For most businesses, loyalty equals growth, as the inclination of these customers in making repeat purchases paints them a good source of predictable and consistent income. In other words, the happier the customer, the more likely you will reap the financial benefits.
It could prove difficult for businesses with an inexperienced (or nonexistent) customer service team – and digital solutions like CRM platforms will prove invaluable when it comes to collecting and distributing customer data. With easy access to that data at hand, service reps and aim for faster resolutions, or automate certain customer service functions – ensuring profits gained from your growing fanbase will offset the initial investments made towards courting customer loyalty.
During rapid periods of growth, you can easily overspend and find yourself cash-strapped, making it more difficult staying afloat. By tracking cash flows, you have a better handle on your financial situation, but this task also becomes harder the more significant in times of adversity.
Focus on employees and volunteers staying afloat.
Keep your employees and volunteers, healthy and alert. What an excellent team has in common is not so much about technical competence, but the ‘soft’ skills which are so critical to staying afloat and improving performance.
In your team selection, many attributes of an excellent team may have been overlooked, or not taken seriously enough. Look for the best characteristics in the person’s significant accomplishments and match to the performance required by your organisation.
In building a team focus on one or two critical attributes at a time you need in staying afloat. Then make incremental improvement, which will make the organisation more productive and sustainable. The more they practice, the more instinctive it will become and the better and more powerful the team and your organisation will become.
Always focus on your clients who can keep you afloat.
Aim for customer satisfaction and improving their experiences. Focus on growing your clients, and they will be more inclined to focus on you in times of adversity.
Droughts and adversity also shake consumer and investor confidence. Businesses who aren’t secure aren’t just vulnerable; they can also be deemed irresponsible, failing to safeguard assets. In the long-run, this causes customers to desert and investors to pull further funding, making drought-proofing, not just another ‘nice-to-have’, but an absolute essential to survivability.
Although the cost of measures to stay afloat may seem steep, it’s important to remember the price is higher if you don’t do anything, both in terms of financial security, relationships and reputation. A trusted supplier – one with existing solutions for monitoring, controls and security policies, can help find the vulnerable areas to focus attention.
Staying afloat means being able to handle the pressure.
Be adaptable to new situations and handling pressure. An excellent place to start is maintaining good relationships with family, friends, employees, customers, suppliers and in the broader community. It always helps if you have reliable people watching your back.
There will come the point where business infrastructure must be maintained and upgraded. New systems and processes deployed to meet evolving pressures can significantly reduce the risks. What you are is an outcome of what you have been. What you’ll be in the future and how you will handle adversity is what you do now.
The pricing of options to handle pressures often scales with usage, allowing you to pay as you grow, or slash usage when the associated function ceases to be necessary. An excellent place to start improving your chances of staying afloat might be to rapidly increase your capacity to track transactions and measure performance in real-time with metrics and dashboards.
The pace of change isn’t slowing down anytime soon, but you have more options than ever before to cushion the blow to droughts and other adversities. While one can never truly mitigate the risk of change, there are solutions will at least help you weather the worst of it. Ensuring you deploy your energies and resources in such a way they truly ensure long-term sustainability.
Survival could mean being in the transformation business
Taking transformation can provide you with the knowledge, skills and attitude you need in staying afloat. Being able to quickly transform every aspect of your life and career for the better seems to become more critical each year.
Everyone is looking to drive sustainable growth; however, knowing when, and how to achieve it can be difficult. Innovation is the beating heart which propels us forward, and with greater wisdom comes more significant opportunity.
When the going gets tough, the tough get going.
We all need to be embracing the future while maintaining our relationships and core operations while unlocking new ideas and opportunities for future aspirations. It makes our modus operandi and planning a critical aspect of staying afloat.
When you hear the word ‘transformation’, what do think and how do you react. Is it just and another buzzword or is it something that can play a big part in you staying afloat. The Important thing is to be able at any moment to sacrifice what we are, for what we could become.
Mistakes and failures often feel like a more devastating issue than they are. If you’re obsessive, you may be beating yourself up, when you should be learning the lessons. In times of stress, you can become your own worst enemy. If you find yourself assuming the worst or leaning on negative self-talk, try a new script and changing conversations.
“In a disordered mind, as in a disordered body, soundness of health is impossible”. Marcus Tullius Cicero
“Prepare well ahead for drought, some things will work, but nothing will work if you don’t have a go”. Peter Sergeant
“Only those people who risk going too far can possibly find out just how far one can go?. T.S. Eliot