Here's how you can navigate the key considerations when deciding to pivot or expand your business ventures.

The reason ‘why’ is critical. When everything aligns with your values, vision and wider strategy then it all supports each other. It is important to include the personal ‘why’ too. Entrepreneurs are often the main asset of their business and any change needs therefore to align with personal goals too. When you consider all the drivers for a growth/pivot decision it helps protect against risks and leverage all opportunities. The two other areas that can often get missed at this stage are checking what impact it will have on cash flow (not just profit) and what impact it will have on resources including time and energy.

Acredito que não é só importante entender as necessidades da empresa, mas as do mercado e as da sua carreira também. Você sempre terá duas opções: Projetar o seu perfil dentro da organização em que está ou projetar dentro do mercado e para decidir isso você precisa avaliar diversos fatores internos e externos.

How does understanding your business's needs drive effective strategic decisions?⁣ Survival vs. growth: What drives your pivot or expansion decision?⁣ Market trends: How can analyzing market shifts guide your strategic planning?⁣ Feasibility check: How do resource assessments determine viability?⁣

O Linkedin é uma ferramente excelente para isso, sempre recomento para os meu coaches que entendam como os seus demais "concorrentes" no mercado estão se posicionando. Qual é afinal o seu nível de empregabilidade? Você está entre os notáveis ou entre os medianos?

How does a comprehensive market analysis shape successful business ventures?⁣ Competitor insights: What can you learn from competitors' strategies?⁣ Customer needs: How do you align your offerings with market demands?⁣ Opportunity identification: How can market gaps reveal new paths?⁣

A gestão de risco é competência do CEO da organização e para tal esse precisa contar com profissionais competentes e assertivos que estarão o apoiando nessa posição.

How does proactive risk management safeguard your business's future?⁣ Financial impacts: What are the cost implications of your decision?⁣ Customer reaction: How will changes affect your current client base?⁣ Mitigation strategies: What steps can minimize potential risks?⁣

Essa competência muitas vezes é ignorada por pequenos empresários, que muitas vezes misturam contas pessoais com empresariais e se perdem no processo de desenvolvimento da organização.

How does solid financial planning ensure your business's stability during transitions?⁣ Cost projections: How do you budget for development and implementation?⁣ Cash flow impact: How will changes affect your financial health?⁣ Funding needs: What are your options for securing additional capital?⁣

How does aligning with strategic goals drive long-term business success?⁣ Mission alignment: How does the change support your business vision?⁣ Target audience: How can you reach your ideal customers more effectively?⁣ Proactive steps: How do plans ensure alignment with future objectives?⁣

How does a detailed execution plan facilitate seamless transitions?⁣ Timelines: How do clear deadlines ensure timely implementation?⁣ Resource allocation: How do you optimize team roles and responsibilities?⁣ Progress monitoring: How does tracking milestones ensure agility?⁣