The 10 greatest challenges for businesses today (and need consultants)

If you are one of the many entrepreneurs who do many plates and make everything turn with one hand, or even if you are a consultant to help such entrepreneurs in the fields outside their expertise, how are that list of 10 in resonance with you?

We live fast changing times in, especially for businesses. Keep in mind that in a generation companies have had to adapt completely new marketing channels (web and social), decide how to invest and use new technologies and compete on a global scale - things that were barely conceivable for our parents and grandparents Generations.

A side effect of these rapid changes and growth is that no CEO - or any employee, for that matter - can be an expert in everything. This was perhaps always true, but it has never been clearer.

Therefore, in my opinion, some of the greatest challenges facing today's business world today are better met and talked with qualified consultants. In an advisor helps CEOs provide knowledge and skills that they need to deal with particular problems at certain times, and can provide the best possible results.

Just some of the challenges I see companies that are best treated with the help of a consultant face include:

1. The uncertainty about the future

The ability to forecast customer trends, market trends, etc. It is important to have a changing economic environment, but not every CEO has predictive forces such as Warren Buffett. In a consultant at reading and these trends important the prediction might be the difference between a bright future and cloudy.

2. Financial management

Many CEOs I know are the ideas of people; Which means they are great to reduce the big picture and worrying thought, but less well with things like cash flow, profit margins, costs, financing etc. Small and medium businesses can not require a full-time CFO, but would do better, To employ a financial adviser, who can enter the role on demand.

3. The monitor power

The use of a significant set of performance indicators that provide with rounded companies ideas about how well that is done is the key. Most business people I know are not experts on how to develop key performance indicators, how to avoid errors, and how to communicate key figures to better decision-making. In most cases, company finances on all-too-simple indicators just block the channels of company information.

4. Regulation and compliance

As the markets and technologies change, so they meet the rules and regulations. Depending on your industry, you can make much more sense to bring a consultant with these areas to help, rather than try to understand the complexity itself - and risk fines or worse in case of failure.

5. Skills and recruit the right talents

Again, the key to a sustainable future can not be the need for full-time or human resources during the peak periods of growth, the search for the right people and the development, the right skills and competencies of a small or medium-sized enterprise. In a consultant bringing exactly the required workforce to finding the experience would be a good investment.

6. Technology

As technologies change with near-light speed, which is critical for companies to be innovative or left behind - but many CEOs began their careers and companies before many of these technologies did not yet exist! Consultants can be crucial to the integration of new technologies, especially mobile, application development and cloud computing.

7. The explosion of data

Generation grandfather has certainly not deal with terabytes of data or worry about what to do with it. 90% of the world's data has been created over the last two years and management, custody and extract knowledge from the increasing amounts of data produced by your company must be in the hands of a qualified specialist who will help to get the best performance data .

8. Customer service

In a world of instant gratification, customers expect immediate customer service - and can take the train to share their dissatisfaction less than satisfactory service so quickly. Consultants can find ways to improve customer service and put it in the 21st century.

9. Maintaining reputation

Similarly, how customer displeasure can express much more publicly and more vividly than ever before, companies need to monitor and manage your online reputation. And although it is an important task, it is best to hire a third party to oversee and mediate with a certain distance suits.

10. Know when to accept changes

Early or late Adopter for the game? Consultants can help determine when CEOs adopt change and remain as the course. Not everything new is however better, apart from any change risks becoming obsolete. A professional outside opinion can make the difference in these decisions.

We live in a time of constant change in the foreseeable future: change is the new normality. Preparing for change and investing in the type of advice is the best way to meet these challenges.

Are you facing the main challenges Bernard face? You would add to the list? Bernard comment below and will be more than happy to continue the discussion ...

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