Businesses can experience midlife crises just like people and, just like with people, says Mark Loosmore, these can prove an opportunity for a phase of self-appraisal that can lead to positive change
At a certain point in life - often heralded by a small involuntary groan as you get out of a comfy chair - you may arrive at a bit of a crossroads where you grow all intro and retrospective. It is a stage where you might start looking at your achievements and failures, weighing them up and assessing the life-choices you have made. You might start browsing glossy car magazines and pausing on the page advertising a sporty little convertible, thinking whimsically to yourself "I should get that" (you probably shouldn't) or even, "I'd look good driving that" (you definitely wouldn't). I da...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes