Most business owners spend all of their time working IN the business; meeting clients, making sales, estimating projects, supervising, managing, handling customer complaints, collecting money, paying bills, hiring, firing -- it is endless. All their time is spent GETTING the business, DOING the business and RUNNING the business. Little, if any time is spent GUIDING the business.
Guiding the business is about Key Leadership Strategies and Key Management Strategies.
LEADERSHIP STRATEGIES Purpose: Create a clear vision for your business, a vision that works, and develop the fundamental leadership skills to help get you there. Leadership is about VISION, as well as taking action on that vision. Studies show that you have a 300% better chance of reaching that vision with a clearly defined picture; a clear, factual description of the business you intend to create, and then tracking the progress you make towards that vision. MANAGEMENT STRATEGIES Purpose: Put in place the necessary processes to find and keep loyal employees who meet your expectations and grow in your organization, both personally and professionally.
If you can't find and keep good people, chances are you're missing the necessary management systems; - Recruiting & Hiring
- Training
- Effective Job Description
- Performance Evaluation
- Task Delegation & Accountability
- Guidelines for Effective Meetings
Management systems can have an immediate impact on the effectiveness of your business. The focus in this quadrant is to develop a well defined organizational structure and internal management system so your company can operate profitably and reliably without needing to depend on any key employees - including yourself. | |