Editor’s Note: Humetrics CEO Mel Kleiman has been helping employers recruit, select, and retain front-line employees & managers for over 30 years. He knows what works — and what doesn’t. This is the third of “The 5 Biggest Mistakes Businesses Are Making Today.”
By Mel Kleiman
Mistake #3: Thinking that what got you where you are today will keep you there or take you to the next level.
If you’re not evolving, not changing, the world is going to pass you by.
Circuit City is gone and Motorola used to be the world’s leader in cell phone technology. Of the three giant retailers that were start ups in 1961, K-Mart is not even on the 2011 list of the Top 100 Retailers, while Wal-Mart is #1 and Target is #3.
What has made the latter such formidable contenders even after 50 years in business? They found a niche and filled it and then they never quit innovating.
This was originally published on Mel Kleiman’s Humetrics blog.