The Community Pharmacist Blog

The past three weeks have been a wild ride for the weather here in South Carolina. We have been in a pattern of really cold temperatures with moisture constantly moving in from the south which creates huge winter storms (we acknowledge this is relative because huge for us is flurries for some). In the south, this makes for an entertaining, and sometimes scary, scenario of people on the roads and in the grocery stores that are not used to this weather.

In his seminal book Good to Great, Jim Collins says when it comes to hiring, great companies do something entirely conterintuitive to what most employers consider normal.

Transitioning into life after pharmacy can be a scary thing for most community pharmacy owners. Among the many reasons it frightens owners, the realization their role(s) will change as they begin the transition out of the pharmacy is perhaps the most daunting. Our clients often tell us they are worried about losing their identity and the respect of their employees, customers and other members of their community when they begin this process.

Our team at Waypoint has made it a habit to utilize a strategic coach in almost everything we do as a company.  The reason for this is we attended a seminar many years ago and the speaker was discussing "working on" rather than "working in" your business.  He clarified the difference by using an example of a CEO of a major children's clothing manufacturer. 

This CEO's company was doing great, but he knew it could do better.  He called in all the top executives to a round table discussion about how to improve the company.  When he realized that he was getting the same answers over and over again, he decided that they needed to bring someone in from the outside for a fresh and different perspective.