Let’s be clear. Slowing down is not about being lazy or lax. Slowing down isn’t an indulgence to be enjoyed only when the daily fires die down.
Slowing down is, in reality, a strategic priority. It allows you to thoughtfully and proactively consider your competitive environment—to reflect upon emerging opportunities and prepare for potential threats. It positions you to lead change rather than simply trailing along or, worse yet, getting left in the dust.
In slowing down, you create time and space to think. You, your team, and your top advisors can then develop a breakthrough strategy that goes beyond thinking outside the box… Instead, it blows the box up. This gives you all the room you need to pivot amid a changing environment and drive the kind of business strategy that blows the competition clear out of the water.
From my new book, Slow Down to Speed Up, here are three ways you can use a strategic pause to create a powerful competitive advantage.
Assess the competition:
- In which ways does the competition have an advantage?
- What are your competitor’s gaps or weaknesses?
- How can you differentiate and elevate yourself to gain advantage and increase market share?
If you’re still not convinced that slowing down is a good use of time, check out the rest of the ideas in my free ebook: Slow Down to Speed Up: 36 Actions to Accelerate Success!
Download the Slow Down to Speed Up: 36 Actions to Accelerate Success! PDF for free and get a sample chapter of Slow Down to Speed Up! by signing up here. As a bonus, you will receive Liz on Leadership delivered straight to your inbox, giving you immediate access to my latest tools and advice.
“I had a wonderful experience working with Liz. Within the first couple of meetings she uncovered several blind spots in how I communicate in a corporate environment. Liz helped me adjust my communication style to match the way I’ve always intended to communicate – I couldn’t have gotten there on my own.” – Mark Spykerman, Senior Vice President Transformation at AmerisourceBergen