If your business is profitable enough to survive long term , but not enough compared to our competitors or not enough to expand- you need to frequently improve it and transform it and raise it to a higher level of profit and excellency. The improvement needs to be very frequent and it’s concerned with small, incremental changes. The transformation is somewhat revolutionary and takes place roughly once in several years. It’s not always only about the profit. Sometimes the company needs to increase its reputation or employee satisfaction or just to increase the level of joy and passion that had recently been decreasing among different stakeholders of the company.

Business can be improved in so many ways, not necessary focusing on the profit. However, whatever we do, it all boils down to increased financial results. Once you improve strategy management, energy management, leadership management or quality management – you will see positive changes in all aspect of the organization. Every business needs a radical transformation from time to time and continuous improvement all the time. Without that stagnation and profit decrease might occur sooner or later. You take care of your business sooner – you won’t need an emergency business turnaround later.