Thursday, August 30, 2012

The way it is

Hi,
Sorry I got a little bit lazy and did not produce the sort of blog over the last couple months that you and I would expect.
We are going to be spending the next few months exploring ways to help your company or enterprise begin to move towards its potential.
What has been missing in business, especially over the last decade, is a sense of loyalty on everyone’s part. That includes ownership, management, and employees.  There are three primary reasons why companies fail to succeed. They are:
·         Capital. Most start-up or emerging businesses are undercapitalized. They do not have essential financial resources to do what needs to be done.

·         Decision making. Decisions that you have made in the past and the ones that you are currently making, oftentimes lack the proper do-diligence and information gathering, which I found to be critical for good decision making.

·         Positive attitude. Truly envisioning what is doable and building a game plan, which incorporates all the activities and initiatives, is essential for  moving forward.
These are good starting points if you are struggling or failing to take your company to the next level. But what is especially critical is to have a consistent team effort by all involved, and work towards a common goal.  
I always find that almost everyone likes to be a part of the decision-making process, wants responsibility for their contribution to a project, and like to be recognized for it. This starts with a process called delegation. Employees with a sense of ownership and purpose can get done a surprising amount of work, especially if you build a trust among them.  You may be amazed to find out that there are many people in this business world that simply do things better than us.
If what you are currently doing is not working, I would highly encourage a change of direction.

P.S. I hope this blog meets your expectations.   

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