If you’re going to achieve long term success with your business you can’t just focus on the good things that you’re doing. That side of your business will be one contributing factor when it comes to your success, but it’s only one side of the coin. The other areas to focus on will be your vulnerable spots. Your strengths will take you to big places, but your weak points could be the thing that brings you back down to earth. So where do your vulnerabilities lie?
Insider Threats
You would hope that everyone that you bring into your company would repay the trust that you’ve shown to them, but alas, this is far from guaranteed. A significant portion of crimes that are committed against businesses happens internally, so it’s really important that you’re taking steps to protect your company. The best way to do is to have a robust hiring process. It’s not just about reading the resume and getting to know your future employee: it’ll pay to dig a little deeper. You can follow up with the references that they provide, and also conduct a more thorough criminal background check if your hiring for a more trusting position. As a freelancer, I may escape much of this threat but still need to do my due diligence when it comes to contractor and so on.
A Company’s Vulnerable Spots – Outside Threats
Of course, while you should keep your eye on internal crime, it’s important not to overlook the threats from the outside world, too. Crimes against companies is an issue, and especially cybercrime, which has been one of the fastest growing crimes in recent years. As such, you’ll need to keep your data network safe. The best way to do this is to work with a company that provides Network Security Services. They’ll have the knowledge and experience to ensure that would-be criminals cannot access your system.
A Company’s Vulnerable Spots: Future Employees
You might be happy with the team of employees that you have right now, but there’s no guarantee that they’ll be around forever. And when they leave, you might find that it’s difficult to find a replacement. There’s something of a hiring issue in the business world at the moment, with many more advanced roles staying unfilled. You can protect yourself against this by having an ongoing recruitment strategy, whereby you’re always on the lookout for new talents.
Adapting to the Future
The future is coming whether we like it or not, and when it arrives, there are no guarantees that it’s going to look the same as the present, or that you’ll be as well-adapted to meet the new demands. It’s always worthwhile reading up on what the future of your industry holds, so you can position yourself to take it in your stride.
A Company’s Vulnerable Spots: Owner Ego
Finally, think about your ego. Many companies make errors because there’s just one person running the ship. An open attitude, one that can hear and incorporate good ideas from employees and others, is an essential buffer against this issue. If you’ve hired correctly, then your team will have smart ideas for your business.
