Gather feedback and learn from mistakes

Starmix

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To ensure the smooth sailing of your business, you need to design something that lets you know the morale of your employees and the feedback from your customers. It’s crucial to gather feedback from both customers and employees and learn from mistakes. This will help you make the necessary changes to improve your products or services and tailor them to the needs of your customers. It's from feedback that you learn the root cause of a problem and why your sales did not grow fat. Use feedback to make improvements and grow your business. It hurts to know the results of the feedback but it's the best remedy to solve a hidden problem caused by the workers likewise the quality of the products. Accept and innovate.
 

nomad

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I think a lot of people learn from mistakes. They might not make the same mistake if they have learnt from mistake but they will continue to make newer mistakes.
 

Starmix

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It is from our mistakes that we become strong and desirous. The desire would mean a lot that is to make an effort to correct the mistake and make life and business shine again.
 

arunima

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I am happy that you have included employees also along with the customers.. Mostly people would focus on customers satisfaction as they consider them to be the most important thing in running a profitable business. But yes, employees are equally important. They are the main force running the business. They have to be happy and comfortable. A happy employee is an effective one. And we need happy effective employees for business to run profitable. Feedback is a great way to know the shortcomings and work on improving it.
 

Starmix

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Feedback is very important for a change in management' dealings with customers and employees. It helps the management on what to change and improve.
 

Starmix

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You have a point. Learning from mistakes is not only in business. It can be done with different mistakes incurred in our daily lives.
Yes, that is right, we also use this in our persona life if committed a mistake. It serves as a lesson that keeps on reminding us.
 

arunima

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I totally agree that feedback and suggestions are very important, not only in the business but also in oir personal life and any profession that we pursue. We always have scope to improve. And getting feedback helps to see where we lag or lack and can work on that. It helps in our personal and professional growth.
 

arunima

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One good quality of any business owner is the willingness to learn and improve. If you want your business to really grow and sustain in longer run, you have to learn, improve and keep growing. A strong and honest feedback mechanism is the most efficient way to do so. You can't negotiate on a honest feedback mechanism. If you are compromising with your feedback mechanism, you are actually compromising with your business and it's growth.
 
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