The Ten Commandments for Business Failure-#2<\/p>\n
I recently read an interesting book by Donald Keough, who was chairman of Coca Cola Company during the introduction of New Coke.\u00a0 He has some intriguing insights into business failure.\u00a0 What I find most interesting is the number of companies I have seen who are following at least some of these commandments.\u00a0 I will publish my thoughs on this over the next ten sessions.<\/p>\n
#2 Be Inflexible<\/strong>.\u00a0 This is much related to #1 above.\u00a0 These owners and managers are so set in their ways that they cannot see a different way of operating.\u00a0 They cannot innovate or grow.\u00a0 As the saying goes, if you are not growing you are dying.\u00a0 I have seen companies that no matter how much trouble they are in just will not change the way they operate.\u00a0 In the end you must change to succeed.\u00a0 Like Ford was once quoted as saying, they can have any color they want as long as it is black.\u00a0 That only worked for a short period of time.\u00a0 Stay flexible my friend.<\/p>\n","protected":false},"excerpt":{"rendered":" The Ten Commandments for Business Failure-#2 I recently read an interesting book by Donald Keough, who was chairman of Coca Cola Company during the introduction of New Coke.\u00a0 He has some intriguing insights into business failure.\u00a0 What I find most interesting is the number of companies I have seen who are following at least some…<\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","cybocfi_hide_featured_image":"","footnotes":""},"categories":[16],"tags":[17],"class_list":["post-2817","post","type-post","status-publish","format-standard","hentry","category-other","tag-business-tips"],"acf":[],"yoast_head":"\n