Change Drives Your Business I n a recent trip, the founder of Adizes experienced what many of us do: an event that throws our daily routine off. What did that remind him of? When you have a change that is a major, disruptive departure from what you are accustomed to, cursing does not help. Nor does blaming the idiots who created your problem. All internal marketing has to stop or you will just continue to suffer and nothing will change. Stop, reconsider and be 100 percent con- scious of what is going on. Do not waste any energy trying to understand or analyze the change. Focus 100 percent on what is. Accept reality. Then, by freeing the energy you were using to oppose the change, you can dedicate all of your attention to learning how to manage the change, how to navi- gate the new territory. This has implications for your business, where the rules of success do change. For a young company, more is better — more demands change and faster change then market share, more strategic alliances, one can even understand. more, more, more ... If you are afraid or if you feel you can wait and analyze for long periods of time But the time will come when the company's growth overtakes and then the changes needed, in 2008 you will most overwhelms its structure or likely be watching your compet- systems. When that happens, itor win while you have meeting more is not better. More is number three. worse. One item more and all The real leaders and winners hell breaks loose. in 2008 and beyond recognize And that is when founders of change is a function of growth companies often start fighting and thus a function of suc- reality and blaming everyone cess. If you cannot adjust or else for their difficulties. implement fast enough, at the What they need to do instead very least recognize the need F. Kevin Browett and find those companies and is recognize that they are in Colu mnist a new world, which must be people that can help you and managed differently. Now, bet- your business recognize the ter is more rather than more is better. They needs fast and, even more critical, imple- need to accept the change and change their ment the changes while team members behavior accordingly. and staff adjust to the fact that change is We are in a world now that mandates needed at all. change; with the Internet, the world George Soros, in one of his books, said that "the secret of his success was that he identified his mistakes early and corrected them early." Most of us, when we make a mistake, will deny it until it cannot be denied anymore — and then we take more time than necessary to correct it. Or as another very smart professional said, "If you are not moving forward, you are dying, so step ahead and step faster then ever before — your competition cer- tainly is!' ❑ Source: "Corporate Lifecycles: How And Why Corporations Grow And Die And What to Do About it," by Chaka Adizes (Prentice Hall, 1988) E Kevin Browett, is COO of Jewish Renaissance Media, parent company of the Detroit Jewish News. He is a former vice president of Kmart Corp. and a past small-business founder and officer. What's the Buzz with "Free" Life Insurance For Seniors? Is there a true Insurance Arbitrage? Can I legally participate in this growing phenomenon? We want to consult with your Estate Planner, CPA, or Attorney • Purchase New Policy • liquidate existing policy • Financing Available • Estate Protection • Mortgage Protection • Return of Premium Term Life • Wealth Enhancement DO YOU WANT TO SHARE ALL OF THIS WITH THE IRS? YES, NO, MAYBE YES. You have a right to liquidate a policy through the secondary market. NO. You cannot buy a life policy strictly with the intent to sell, unless you disclose your intent to the carrier. MAYBE... Every agent will convey this information accurately 1. FACT: Seniors can purchase large face amount insurance with the option to sell in the future. 2. FACT: These policies can be financed with little risk. 3. FACT: There does exist a pure Insurance arbitrage. 4. FACT: Your current policy may be worth up to 30% of face value. 5. FACT: We can't manage your health but we can maximize your wealth. BBF Financial Consultants Brad Fletcher WEALTH ENHANCEMENT AND PRESERVATION 6441 Inkster Rd. Ste. 232 Bloomfield Hills, MI 48301 MI 248.539.9509 FLA 305.308.9599 Brad@BBFFinacial.net 1405090 A40 July 10 • 2008