There is a great deal of value in taking action before it is too late. This concept is especially important for small and mid-sized businesses because they are often so involved with the day-to-day operations of running the business that they don’t see what is happening to them. Larger organizations often have ways of identifying small issues that need to be addressed before they become larger problems.
Emerging and mid-sized businesses need to be aware that small problems left unattended can become very large problems. The owners and employees of these organizations are usually very involved in working in the business. Outside resources can help by providing resources to address aspects of working on the business.
There are many types of resources available to help with identifying the issues that could become significant if left unattended. These include consulting firms, business coaches, and advisory boards. All of these resources have value depending on the needs of the organization. By starting first with membership in a peer advisory board an executive can use his fellow board members to recommend good consultants or coaches if they are required.
