Q: Hi Steve! I saw you speak recently and I loved your idea that big results can come from small changes and that they don’t have to come from big reorganizations. Change is hard for some of us! – Charlotte
A: It is true that change is tough for a lot of people and, probably, most organizations. Why?
- People are creatures of habit
- Change might rock the boat
- Folks may mot share the vision for change
- There are vested interests in not changing
- It’s uncomfortable
- It’s too much work
So yes, change is not always easy. But the good news is that it turns out that it need not be overwhelming either.
Let’s call it The Trimtab Principle (based on the observations of the futurist Bucky Fuller.)
I want you to think about a giant tanker steaming through the ocean. Consider how much energy there is in its forward motion. How does the captain get such a giant objectwith so much momentum to change course?
He turns the ship’s wheel, the wheel turns the rudder, and the rudder turns the ship, right?
Wrong.
There is actually so much water pressure on the rudder that turning the wheel won’t work. The way it actually happens is that the rudder has a little mini-rudder on it called a trimtab. When the captain turns the ship’s wheel, the wheel turns the trimtab, the trimtab turns the rudder, and only then does the rudder turn the ship.
The trimtab in yellow
It is the small change in the trimtabthat makes the giant oceanliner change course.
Now, the thing is, it is not simply that any small change will create a big result; we all know that that’s not the way it works. What does work however is that a small change applied in the right place can act like a fulcrum in the change department. Again, think about the trimtab. A change in thetrimtab changes the direction of the ocean liner because the trimtab is situated at the right place at the end of the rudder.Translated into business, this means that what you need to do is figure out where in your business asmall change can most likely foster a big result.
I have a friend who recently lost 44 lbs. How? He stopped eating carbs. Was that an easy change to make? No, of course not. But it wasn’t a big change either. It was a simple change in the right place that set him on a different course.
What little change can set your business on a different course?
The secret is to figure out that special thing that you do which can be a multiplier if given a little extra oxygen.Let me give you an example. A friend of mine has a content heavy website. He was trying to figure out how to better monetize the site. He looked at analytics, ad buys, search terms, you name it. It seemed, and was apparently, overwhelming.
Then, one day he looked at his most popular articles. It turned out that five articles (all on similar subjects) generatedalmost a third of his pageviews. He realized that that was his sweet spot and he therefore decided to start selling related products on those five pages. It was not a big change, but it was a significant one applied in the right place.
His income doubled within a year.
So, my question for you today is: What is your trimtab?
Today’s tip: Speaking of analytics, it is no secret that big data is a big deal for big business these days. The problem for the rest of us however is that most small businesses don’t have the ability to capture, store, extract, and analyze their business data, even if doing so means gaining that all important edge or learning what your trimtabsweet spot might be.
But that is, fortunately, changing. Microsoft recently launched a new product designed to help a small business better analyze, extrapolate, and interpret all of the data that it generates. Called Power BI, this is a great, easy-to-use dashboard that can help any small business be a better business. Steve says check it out.