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4 Warning Signs You Should Never Ignore | OPEN Forum

4 Warning Signs You Should Never Ignore | OPEN Forum.

When you’re running your business daily from the weeds, you can’t see the dangers that lie ahead until it’s too late. Look for these 4 warning signs that your business may be in trouble.
SEPTEMBER 10, 2014

It’s tough talking to business owners these days: No one seems to have time anymore because they’re too busy putting out fires in their companies. Whether it’s due to customer complaints, employee issues or problems with vendors, business owners are losing sight of the bigger picture.

Getting Out of the Weeds

This happens when you spend more time working “in” your business, dealing with day-to-day problems, than you do working “on” your business, focusing on the long-term goals and health of your company. It’s a vicious cycle. The more you get caught up in the weeds, only seeing what’s 3 feet in front of you, the more likely something can fall out of the sky and knock you down.

The solution is to periodically position yourself in the clouds for an aerial view, so you can identify the obstacles and opportunities waiting around the bend. You also want to look for certain signs that point to bigger potential problems. As you do this, you’ll find that these signs have cause-and-effect relationships that can help you better manage your business moving forward. They are akin to the light that goes on in your car alerting you that it’s time for an oil change. Heed the warnings and don’t let a $50 annoyance become a $5,000 nightmare.

Trouble on the Horizon

What warning signs should you look for in your company?

1. You lost what you thought was an easy sales win. You thought your latest proposal was a slam dunk until you found out the client chose to go with a competitor. Instead of letting disappointment derail you, look at it as an opportunity to improve your sales process. Ask the client why he didn’t choose your proposal. You should also ask your sales team for its perspective on what went wrong. Analyze what you learn to determine if there are changes you can make to improve the way you work with potential clients in the future.

2. There’s a dip in cash flow. Your business plan is based on estimates of bringing in X amount of dollars per month. One day your bookkeeper says you will be short for the current month. Don’t just address the immediate impact of reduced cash flow. Step back and ask why this happened. How could it have been prevented? Why didn’t you see it coming?

3. “I don’t know what we would do.” If that’s the first thing that crosses your mind as you watch coverage of a natural disaster causing serious damage to homes and businesses, consider it a signal that you need to make sure you have the proper insurance in place before disaster strikes. You also need to recognize that even if you are spared, your customers may be hit and that could have a ripple effect on your business. Think about how you would handle that scenario before you are in the midst of it.

4. There’s uncertainty surrounding your technology. If your computer is wiped out today, would you be able to restore your data tomorrow? The answer should be a confident “yes!” If you hesitated in your answer, then that’s your sign. There are many affordable, easy solutions today that provide secure, reliable backup. There is simply no excuse not to have one. Remember that an external hard drive that you store right next to your computer is just as vulnerable to fire as the computer itself. Also be aware that online thieves are a very real problem for businesses of all sizes. Make sure your system is protected from hackers to minimize the chance of a breach.

A Proactive Approach

Get out of the weeds and take a broader view of your business. Look for signals that point to potential problems. Address the root causes and then establish systems to ensure those same problems don’t arise in the future.

Long-Term Cell Phone Use Linked to Brain Tumor Risk

Long-Term Cell Phone Use Linked to Brain Tumor Risk.

Long-term use of both mobile and cordless phones is associated with an increased risk for glioma, the most common type of brain tumor, the latest research on the subject concludes.

The new study shows that the risk for glioma was tripled among those using a wireless phone for more than 25 years and that the risk was also greater for those who had started using mobile or cordless phones before age 20 years.

“Doctors should be very concerned by this and discuss precautions with their patients,” study author Lennart Hardell, MD, PhD, professor, Department of Oncology, University Hospital, Örebro, Sweden, told Medscape Medical News.

Such precautions, he said, include using hands-free phones with the “loud speaker” feature and text messaging instead of phoning.

The study was published online October 28 in Pathophysiology.

 

Home-Based Therapy Helps Older Adults With Depression, MCI

Home-Based Therapy Helps Older Adults With Depression, MCI.

A home-delivered problem-solving intervention reduces depression and mild cognitive impairment (MCI) in homebound older adults, who often have few treatment options.

In a randomized controlled trial, problem adaptation therapy (PATH) proved more efficacious than supportive therapy for the cognitively impaired (ST-CI) in reducing depression and disability.

“Problem adaptation therapy was more efficacious than ST-CI in reducing depression and disability. Problem adaptation therapy may provide relief to a large group of depressed and cognitively impaired older adults who have few treatment options,” the authors, led by Dimitris N. Kiosses, PhD, of the Weill Cornell Institute of Geriatric Psychiatry in White Plains, New York, write.

The study was published online November 5 in JAMA Psychiatry.

“You could receive care from three different hospitals and they would do things completely differently, from how they handle your specimen to the metrics they’re tracking,”

The Risks of Sendout Testing: A recent study, which included a novel survey on sendout practices, revealed wide interlab variations, inconsistencies. – CLN Stat.

USPSTF Updates Diabetes Screening Recommendation: New guidance expands screening to all adults age 45 or older and other at-risk groups. – CLN Stat

USPSTF Updates Diabetes Screening Recommendation: New guidance expands screening to all adults age 45 or older and other at-risk groups. – CLN Stat.

Genetic Heterogeneity in Lung Cancer Tumors: New research adds important knowledge that could help understanding of best ways to identify, treat lung cancer. – CLN Stat

 

Genetic Heterogeneity in Lung Cancer Tumors: New research adds important knowledge that could help understanding of best ways to identify, treat lung cancer. – CLN Stat.

Breast implants may cause cancer, says study

Source DNA news: http://www.dnaindia.com/health/report-breast-implants-may-cause-cancer-says-study-2024169 This not only affects the desirables to have the cosmetic affect for a seeker even the breast cancer survivors who may want to have a reconstruction for such reasons of cosmetology, should think twice before it si considered when it is a aggressive form of Breast Cancer (Tripple Negative type) and there may be a problem associated with radiation therapy. Side and location is also to be considered. All women should take this as a MUST MUST take home message!

HIV May have a faster way to its killer vaccines

Source News: 9 Oct 2014: http://www.dnaindia.com/health/report-hiv-s-infection-tactics-could-guide-aids-vaccine-study-finds-2024585

New research that sheds light on the methods and machinery used by HIV to infect cells provides insight into the tricky virus that…

Scientist are working to contain this dreaded ailment which in itself is not an ailment, but a condition that would reduce the immunity of a person affected with the virus, such that he/she may contract any other external invasive virus attack in the shortest possible time of exposure!

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