“When you’re finished changing, you’re finished.” ~ Ben Franklin
It has long been said that change is the only constant in life, first attributed to Greek philosopher Heraclitus circa 535 B.C. In the same vein, in a later essay, he wrote, “Everything changes, and nothing remains still; and you cannot step twice into the same stream.”
Those sentiments have stood the test of time. Today, we are coping with a changing economy, changing consumer behavior, changing technology, changing political landscapes, changing media…how does one keep up? Since you cannot stop it, embrace it. Make it work for you.
First, you must have perspective to understand the shifts and then commit to being nimble enough to adjust. Or, as we came to understand during the pandemic times – pivot. Adjusting may include re-learning or re-tooling what you have done in the past – whether years-long or decades-long processes. That continual learning process is the key. Arie de Geus (a business theorist and author of Company of the Future) said, “The ability to learn faster than your competitors may be the only competitive advantage that you have.”
In our world of specialty lending, that rings especially true. There is a constant need to understand the various business models we support and the impact the ever-changing business climate may have on the client’s sustainability. In our client-centric approach, we anticipate client challenges and offer tailored solutions to their needs, keeping abreast of shifts in economic trends and pivoting when necessary. Our life-long learning mindset and adaptive strategies enable us to help our clients be successful even with ever-evolving market demands.
In other words, we embrace all kinds of change and make it work for our clients.