I attended an educational
session recently, on the title of this blog, conducted by Professor Rita McGrath, from
Columbia University.
I found it fascinating!
There are many business
books out there that talk about this concept. In fact, the business
community knows this concept all to well.
Statistically speaking, over 50% of small businesses fail each year (Small Business Association statistic).
Statistically speaking, over 50% of small businesses fail each year (Small Business Association statistic).
The key is to learn from
these failures and not make them again. That's what a free enterprise
system is built around. Your small business members understand this
concept.
Do you run your chamber
like a small business?
Are you trying to be innovative, cutting edge for your membership and delivery value while at the same time learning from your successes and failures?
Are you trying to be innovative, cutting edge for your membership and delivery value while at the same time learning from your successes and failures?
It's been said before,
running a nonprofit (chamber) does not mean don't make a profit.
Be innovative and create
value for your members. Don't be afraid to fail. Learn from your
mistakes and move forward.
