4 Business Leaders On Knowing When It’s Time To Change Direction – Forbes

by | Aug 28, 2022 | Business

You’ve probably heard Albert Einstein’s oft-repeated definition of insanity: doing the same thing time after time and expecting different results. While we can all agree that there’s truth to what he said, knowing when to change course isn’t always as straightforward as we’d like.Here’s the problem: The signs that a change in direction is needed are often confusing or subtle. Even when those signs are glaringly obvious, you may not be sure how to alter company objectives to meet demands. Choosing to zig instead of zag can have significant consequences for your business and leave you scrambling to pick up the pieces.

To help you identify tipping points for change when you see them—as well as how to proceed from the initial analysis—I’ve tapped into the brainpower of four successful business leaders. Each one has had to recognize, acknowledge, and accept change in unique ways. In doing so, they helped their businesses thrive by leaning into the power of change and rethinking a part of their company.

1. Tania Fiero, chief human resources officer, IES: Accept that the core change catalyst might not be obvious

Human resources professional Tania Fiero is proud of her employer. For more than 40 years, contingent workforce solutions provider IES has built a strong, trustworthy brand. Yet not long ago, revenue and profit were headed in the wrong direction. Fiero was confused because the company had a great reputation, was a “Best Place to Work“ award winner, and never experience …

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