A corporate family days or open day improves Work-Life Balance and helps creating interpersonal relationships between colleagues. The Law of Rhythm is that all things are moving and in doing so move to a rhythm, rather than in a random manner. We can see, feel and touch this every day through countless examples. A few that are most obvious to us are:
• The seasons
• Rise and fall of Nations
• Governments come and go
• The cycle of new life, grow and die
• Night and day
How does this Law apply to Business?
If all things are moving, then it stands to reason that corporations are affected by this Law because of a number of factors both internal to the business and externally:
• The business creates products and services that have life cycles
• It is exposed to the rhythms of the economy
• Markets have their own life and trends
• People within the business come and go
• Changes of Government can impact regulations and profitability
• A business entity has its own rhythm of being born, growing and declining
• The rhythms of technology
• The intersection of competitors rhythms with our own product/ service and other cycles
• Emerging and declining Nations
You can no doubt think of more and perhaps some that are specific to your business. The issue for business becomes one of awareness that the corporation is living within this Natural Law and that it can manifest itself in various ways.
Managing A Corporation and respecting The Law of Rhythm
This Law permeates anything and everything to do with the corporation, its people, products and markets. Therefore, rather than spend our entire time trying to work out every impact, it is more effective to include this Law into the position descriptions of all managers. The result will be the specific application of the Law within the area of focus for each manager. For example, a product manager will analyse their products life-cycles and those of competing products. A compliance manager will read the trends of Government Legislation and regulations to ensure that the organization is ready for future changes. The Chief Financial Officer will interpret trends in the economy to help forecast interest rates, wages, expenses and sales growth.
To institutionalize this thinking, all people need to be aware of this Law and how it may impact them on a daily basis. A person working in collecting outstanding accounts can have a good day one day and not such a good result the next. If they are aware of this Law they will know without doubt that as long as they are doing the right things, the results will follow. A sales person making calls to make appointments may secure no appointments in the morning and six that afternoon. An awareness of this Law both eliminates the stress of the morning result and creates the right frame of mind to pick up the phone again and start calling after lunch.
Can we do anything to Change the Tide?
Because this is an issue of awareness, it is not an excuse to accept that nothing can be done about arresting or altering a rhythm. We can think and we can take action and so we are capable of creating change. We do this now in the corporate world, either knowingly or otherwise in a number of ways. A few examples of this are:
• Mergers and acquisitions that create a new entity and therefore another life-cycle
• New variants to existing product lines to prolong the life
• Setting up business in emerging markets to compensate for those that are stable or decreasing
When we have an idea and act on that idea we create and so we have an impact on the application of this Law. In effect we create a new rhythm. This is the reason that innovation is so critical to business because it is our way of creating new life, results and growth for our corporations. In the absence of innovation, we are at the mercy of the current “energy” taking its natural course and following the born, grow, die pathway, without intervention. Innovation injects new energy and therefore starts a new rhythm.
The Biggest Lesson of All
The biggest lesson to all of us in this is that we have the ability to change what we do not like. The ingredients are known to us and it is now simply a matter of understanding how to initiate and implement sustainable positive change. The identified ingredients are:
• Position on the born, grow, decline, die cycle of company, product, market
• The successful implementation of innovation with have an impact
This equation is simple. How do we implement this?
The answer to this question is in itself innovation. Corporations need to implement innovations to the methods that they now used to generate, capture and process ideas from within and external of the organization. If we do not attract the ideas in the first place there is nothing to process. If we do not process them with integrity and purpose, we will lose them. If the ideas are not successfully implemented we cannot create new life for our organization, products and markets.
Through corporations understanding The Law of Rhythm we can identify those areas where we need to change that will create the most positive impact on the growth of profits and entity values. Most organizations now rely on a few key people for innovation because they have no way of tapping into the creativity of the workforce. It is mathematically impossible that a few senior managers and Board of Directors will arrive at a better innovative solution than say 20,000 employees who are closer to the interaction with products, customers and markets, or the 5,000 who are closer to the systems and processes that are used to manage the corporation.
This is a powerful Law for corporations and the resulting impact on society of issues such as employment and consumer spending. One area of this Law that applies to corporations right now is the increasing responsibilities of corporations to help deal with social issues. We call it corporate responsibility. To develop the combination of creating profitable growth and the ability to give more to society, a corporation must learn how to capture, process and implement employee generated ideas.
David [http://www.davidfrood.com/] has consulted to medium and large businesses for sixteen years. During this time he made a study of the interaction between employees and employers. In particular, why employees do not tell their employers about ideas to improve the business including new products, services and even new markets.
This experience formed the basis for writing “The Thinking Corporation”. The book outlines how businesses can be structured to tap into the creativity of all employees. In addition, “A Thinking Corporation” can also attract ideas from outside the organization from entrepreneurs and inventors. The result being corporate growth through innovation and a new generation of corporate culture and behavior.
David also speaks on the subject, bookings can be made on: http://bureau.espeakers.com//votf/viewspeaker17015
Article Source: https://EzineArticles.com/expert/David_Frood/605244
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