With a new year underway, business owners across the nation hungrily search for new ways to expand their markets and gain market share. Yet, there are businesses still struggling because they cling to old ways of conducting business.
Thriving in this new economy requires initiative-taking leaders who strive for newer and better ways of doing business. With the advent of AI and expanding globalization, business survival and success depends upon innovation.
Legendary business mogul and entrepreneur, Henry Ford put it best when he said, “Be ready to revise any system, scrap any method, abandon any theory, if the success of the job demands it.”
Chick-fil-A demonstrated this in August of 2024 when they opened their first four-lane drive-thru restaurant with an elevated kitchen and a state-of-the-art food delivery system. This new building model allows them to serve more customers faster and dramatically increase revenue.
Ingenuity is one backbone of American industry. We devised more inventions than most nations including the computer, telephone, and light bulb. The secret to innovation is the idea that nothing is impossible. As Winston Churchill wisely wrote, “No idea is so outlandish that it should not be considered.”