Saturday, 18 January 2014

Stick with plan B

Marks & Spencer, the large UK retailer has an environmental strategy branded 'Plan A' .... "because there is no Plan B.  They are trying to get over the message that we HAVE to look after the environment and they are doing what they can.

Of course, in business, you have to have a Plan B - except in severe emergencies.  We have to have the flexibility to respond to changing circumstances - competition, legislation, technology or whatever.  This is, of course, the real strength of small businesses - they are flexible enough to respond to change ... and, if they are smart enough - they anticipate it.

So, by all mean make yourself efficient and 'lean'- but alongside the lean programme carry out a risk assessment and keep a little resource 'in the bank' for emergencies.

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