Managing change in your SME

A common failing of many small businesses and business owners is that they fail to cope with or implement change appropriate to the time or industry they operate in.

Change can be implemented to a business in different ways. For some, it might be as simple as restructuring the office space, but for others it may be more rewarding to completely recut your business plan.

Below are six ways to identify a need for change.

Develop self-awareness

It's important that you are familiar and comfortable with your management style, but it's equally important that you are prepared to review it. Try to seek and respond to constructive feedback from your employees, colleagues and peers, as this will allow you to identify areas for improvement.

Want to learn more about management? Here are some office management basics you can follow.

Introduce and align values

If your business doesn't have a set of company values, it's a good idea to develop some in-line with your employee beliefs. Shared values are a great way of making sure your employees and business are working toward the same goal and they also offer a more rewarding experience for your employees.

Review your meeting style

A good first step is to review the regular meetings you have week-in and week-out, then establish if the meeting is necessary or useful for any business development. Remember, a meeting should be a constructive way to contribute to progress, so don't get caught up holding the same meetings just for the sake of ritual.

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Change the idea process

If your business has gone through recent growth and expanded beyond the initial contributing members it may be a good idea to renew the way your company generates ideas.

It's not uncommon for business owners to be clouded by time they've spent in the industry and it's a good business practice to get everyone involved in the idea process to get some fresh perspective.

Renew staff communication

Communication will vary depending on the industry your business operates in. For some businesses, face-to-face is best, but for others email may be easier and more effective. The important thing is that you in find a communication method that is most effective in relaying information to your employees in order to optimise their performance.

Restructure your office layout

Review your current office layout. Is it segregated and are employees isolated from one another? Can you find a better use for certain spaces? By identifying areas that can be changed for the better, you improve your workspace and create a more vibrant work environment and culture in the process.

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