April 22, 2020

Take stock

Once you’ve accepted what is, it’s time to take stock of the resources you have available to you.

Obviously, the physical resources – cash; credit; working capital; stock; work in progress, the available working hours of your team.

Also the intangibles – your Promise of Value, your ‘way we do things round here’; your know-how and expertise; the willingness/ability of your team, clients and suppliers to support you through changes.

Less obviously perhaps,  its time to take stock of what matters.   Because that will almost certainly have changed, for you, your clients and your team.   And that may open up whole new futures, and close some you thought you had available.

Those possible futures are resources too.

It’s worth taking stock of them before you decide which ones to explore.