For any business, regardless of sector, it is always easy to become distracted and lose focus on your key profitable operation. But, for businesses or managers that allow themselves to get severely distracted away from their main business operation, there will ultimately be a heavy price to be paid in lost profit & progress.
Sadly, especially in financial services, businesses become distracted all too often, for a variety of reasons. There are lots of distractions to be avoided, for example, it is all too common to see a perfectly good business plunged into turmoil simply because a director, partner or key member of staff decides to leave. The remaining directors spend their time arguing and fighting over pointless issues with the departing adviser. All too often these disputes even cease to involve business issues! The result? lost time and profit with little if any gain at the end. The Pensions Review woul...
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