Is your company in a crisis? Not sure? Check out the list below to see if you need to take action now!

Denial

You have been warned that there are problems in the company. It doesnt matter what kinds of problems there arecash connected, poor collections, declining sales, increased defects if youre a manufacturer, reports of terrible customer service, and on and on. Denial will kill your company. Get some helpfast.

The checkbook and company savings account (if there is one) are decreasing every month. Your internal accounting person is on you every day to do something. But there are so many fires, and so many incoming phone calls hounding you that you are virtually paralyzed.

Somehow you and your team lost track of what business youre in. It was clear when you began the company, and that continued for many years but you have to admit that todays vision is really vague and hazy now and since your market has changed and the times have changed youre lost.

As hard as it is to admit to this issue you acknowledge that no one in your company has any idea what your customers want and hope to get in the coming years. The sad, hard truth is that your marketing and sales people simply arent doing their jobs. Nobody in your company ever asks your customers what they want from your company. A simple question that most always will result in clear answers.

You dont have a business plan. There is no written strategic blueprint that offers a track for the company to run on. Why not? Usually the answers range from no time to do one, who would do it, no one here is capable, we know what to do writing a plan would just be a waste of time.

Loyalty is impressive and respected but if the wrong people inhabit your company youre really in trouble. Speak to a well-qualified labor/employment attorney about steps you must take to remove people who are hurting you and the company. It may take time but no company will ever reach its potential by keeping inferior people on the payroll.