How many times have you heard the term “Pivot” lately?  It seems like everyone’s businesses are pivoting based on what we see and hear in the news. SO many people have been asking me “what does it mean to pivot?” First, let’s talk about what means. Pivot, in business, is defined as when a company makes a fundamental change to their business after determining (usually through an external factor or market research) that their product or service isn’t meeting the needs of their intended market. In this case, businesses are making fundamental changes based on the impact the COVID-19 pandemic has had on them. And, what it doesn’t mean. It doesn’t mean you should throw out your whole business model It doesn’t mean that you should change everything your company does It certainly doesn’t mean that you need to change your company’s purpose I’ve Had to Pivot, Too! My business model was 100%

“If you don’t know where you’re going, you might wind up somewhere else.” This is one quote from Yogi Berra that I use often. I find it helps people visualize why it’s important to have all company leaders on the same page and using the same playbook to get to the same goal. As a business leader, you’ve likely been tested several times over the last several months. Things in our world, economy, and businesses are changing faster than they ever have, and the future is still uncertain. Your team, your employees, your customers, and even your vendors all look to you to lead the company, and them, through these times. Know What’s Within Your Control As business leaders, we cannot control events around us or what is happening in the world. You CAN control how you respond. Your leadership will be more empowered and able to make clearer decisions

  In the last few weeks, I’ve been a part of several webinars talking about ways business owners can strengthen the foundation of their business. This is such an important topic because nearly every business has been touched by the COVID pandemic in one way or another. Decreases in sales, changes in the supply chain, staffing concerns, pivoting to take the business online and managing a virtual workforce are just some of the ways businesses are impacted. Last week I talked about using the recent disruptions to redefine what your “new normal” will look like, using it as a springboard to take action for company growth. And, here is a recent Facebook Video I did with SpringGR to talk about using Your EOS Toolbox to manage your business during uncertainty. THE 5 EOS FOUNDATIONAL TOOLS Download them here THE V/TO™ – Vision/Traction Organizer THE ACCOUNTABILITY CHART™ ROCKS THE MEETING PULSE™ SCORECARD

Maybe you’ve been feeling the strain on your business lately, and it feels as though all of your mental energy is focused on just surviving. This might be true because of the world events that plunged all of us into uncharted territory, or it may be true because a lot of businesses are trapped in that mentality regardless. If your organization is feeling strained right now, I’d invite you to take the (100% free) Organizational Checkup on my website. It will give you a clear snapshot of where you stand and how to move forward. And, as a bonus, you can enter my email address (barb.reimbold@eosworldwide.com) when you take the assessment and I’ll personally reach out with some tips and advice on where to focus your energy next. I’d like to challenge you to turn the tables, change your mindset, and take this time to invest in and strengthen your business! EOS